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3 years ago

Which of the following statements is true?

Business

2 answers:

vichka [17]3 years ago

4 0

I think the answer is D

ArbitrLikvidat [17]3 years ago

3 0

The correct answer is D, Individual productivity is necessary for group productivity.

It is a simple logic that when an individual is productive, he will work quite effectively for the organization, and when productive individuals are brought together in a group to do a specific task, they productivity of the group increases. So if we want a group in an organization to be productive, then the group must have individuals who are productive enough in person. So they will double the productivity while working as a team of productive individuals.

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Kevin analyzes the quarterly earnings statements of some fifty obscure small-cap stocks. He then buys according to the earnings

mamaluj [8]

Answer:

Semi-strong form efficiency.

Explanation:

Semi-strong form efficiency contends that security prices have factored in publicly-available market and that price changes to new equilibrium levels are reflections of that information. It is considered the most practical of all Efficient Market Hypothesis(EMH) hypotheses but is unable to explain the context for material nonpublic information (MNPI). It concludes that neither fundamental nor technical analysis can be used to achieve superior gains and suggests that only MNPI would benefit investors seeking to earn above average returns on investments.

6 0

3 years ago

The following transactions apply to Jova Company for Year 1, the first year of operation:

aleksandr82 [10.1K]

Answer:

Year 1:

a. Issued $17,000 of common stock for cash. ⇒ ASSET SOURCE

Dr Cash 17,000

Cr Common stock 17,000

b. Recognized $63,000 of service revenue earned on account. ⇒ ASSET SOURCE

Dr Accounts receivable 63,000

Cr Service revenue 63,000

c. Collected $56,400 from accounts receivable. ⇒ ASSET EXCHANGE

Dr Cash 56,400

Cr Accounts receivable 56,400

d. Paid operating expenses of $36,600. ⇒ ASSET USE

Dr Operating expense 36,600

Cr Cash 36,600

e. Adjusted accounts to recognize uncollectible accounts expense. Jova uses the allowance method of accounting for uncollectible accounts and estimates that uncollectible accounts expense will be 2 percent of sales on account. ⇒ ASSET USE

Dr Bad debt expense 132

Cr Allowance for doubtful accounts 132

Year 2:

a. Recognized $70,500 of service revenue on account. ⇒ ASSET SOURCE

Dr Accounts receivable 70,500

Cr Service revenue 70,500

b. Collected $64,400 from accounts receivable. ⇒ ASSET EXCHANGE

Dr Cash 64,400

Cr Accounts receivable 64,400

c. Determined that $860 of the accounts receivable were uncollectible and wrote them off. ⇒ ASSET EXCHANGE

Dr Bad debt expense 860

Cr Accounts receivable 860

d. Collected $300 of an account that had previously been written off. ⇒ ASSET EXCHANGE

Dr Accounts receivable 300

Cr Bad debt expense 300

Dr Cash 300

Cr Accounts receivable 300

e. Paid $48,100 cash for operating expenses. ⇒ ASSET USE

Dr Operating expense 48,100

Cr Cash 48,100

f. Adjusted the accounts to recognize uncollectible accounts expense for Year 2. Jova estimates uncollectible accounts expense will be 1 percent of sales on account. ⇒ ASSET USE

Dr Bad debt expense 117

Cr Allowance for doubtful accounts 117

trial balance year 1

Dr Cash 36,800

Dr Accounts receivable 6,468

Cr Common stock 17,000

Cr Service revenue 63,000

Dr Operating expense 36,600

Dr Bad debt expense 132

Income Statement

Year 1

Service revenue $63,000

Expenses:

Operating expense $36,600
Bad debt expense $132 ($36,732)

Net income $26,268

Balance Sheet

Year 1

Assets:

Cash $36,800

Accounts receivable $6,468

Total Assets $43,268

Equity:

Cr Common stock 17,000

Retained earnings $26,268

Total equity $43,268

Statement of changes in stockholders' equity

Year 1

Beginning balance $0

Common stock issued $17,000

Net income $26,268

Ending balance $43,268

trial balance year 2

Dr Cash 16,600

Dr Accounts receivable 5,123

Cr Service revenue 70,500

Dr Operating expense 48,100

Dr Bad debt expense 677

Income Statement

Year 2

Service revenue $70,500

Expenses:

Operating expense $48,100
Bad debt expense $677 ($48,777)

Net income $21,723

Statement of changes in stockholders' equity

Beginning balance:

Common stock issued $17,000

Retained earnings $26,268

Net income $21,723

Ending balance $64,991

Balance Sheet

Year 2

Assets:

Cash $53,400

Accounts receivable $11,591

Total Assets $64,991

Equity:

Cr Common stock 17,000

Retained earnings $47,991

Total equity $64,991

Statement of cash flows

Year 2

Net income $21,723

Adjustments to net income:

Increase in accounts receivable ($5,123)

Net cash from operating activities $16,600

Net cash increase $16,600

Beginning cash balance $36,800

Ending cash balance $53,400

3 0

3 years ago

A project professional has just been assigned manager of a project to develop a new advertising campaign for an established prod

german

Answer:

Establish project priorities

Explanation:

Remember, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.

In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.

4 0

3 years ago

Andre's Dog House had current assets of $67,200 and current liabilities of $71,100 last year. This year, the current assets are

e-lub [12.9K]

Answer:

$1400

Explanation:

Net working capital is obtained by subtracting total current liabilities from total current assets. Current assets and liabilities are expected to be used or paid within one year.

Change in net working capital would be the change in current assets - change in current liabilities.

last year current assets $67,200 : current liabilities $71,100

This year current assets $82,600 : current liabilities $85,100

change Net operating capital = {$82,600- 67,200} - {85,100 - 71,100}

=$15,400 -14,000= -$1400

Change in networking capital = $1400

8 0

3 years ago

20. Frictional unemployment is inevitable because: A) different sectors do not shift. B) the economy needs to be lubricated. C)

Cerrena [4.2K]

Answer:

The answer is option B) Frictional unemployment is inevitable because the economy needs to be lubricated.

Explanation:

Frictional unemployment is different from others in happens as a result of employees seeking out better opportunities. They could leave voluntarily or be fired from their current jobs but its is for a greater good- which is a quest for better economic opportunity.

Frictional unemployment occurs when there is a mismatch between job seekers and available jobs in the market.

It also happens due to the natural career progression for an employed staff seeking to transition to a new job, industry, or role.

Frictional unemployment is like a lubricant in the economy because an increase in frictional unemployment means more workers are moving toward better positions.

4 0

3 years ago