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olganol [36]
3 years ago
15

Which characteristic of organizational culture is present in a high degree at the law firm in the Think like a manager: Organiza

tional culture video?
Business
1 answer:
masya89 [10]3 years ago
5 0

Answer:

Hierarchy

Explanation:

Often, managers are placed with superior authority than other employees of a firm. These employees are expected to respect the manager in their operations. When it comes to decision making they follow the hierarchy of staff members, that is from Top to Down level.

Thus, In a law firm we would expect a hierarchical structure that is based on years of practicing law.

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Parent Inc. purchased 30% of the common stock of Affiliate Co. on January 1, YR01 for $5,000 and appropriately accounted for thi
blondinia [14]

Answer:

net cash from investing activities = -$4,940

operating and financing activities are not affected.

Explanation:

the journal entries should be:

January 1, socks purchased

Dr Investment in Affiliate 5,000

    <u>Cr Cash 5,000</u>

December 31, dividends received

<u>Dr Cash 60</u>

    Cr Investment in Affiliate 60

December 31, Affiliate reports net income

Dr Investment in Affiliate 300

    Cr Revenue from investing activities 300

Only the cash flow from investing activities will be affected by Parent's investing in Affiliate. Since the company uses the equity method, the operating and financing cash flows are not affected.

The cash flow from investing activities will:

  • Decrease by $5,000 due to the purchase of stocks.
  • Increase by $60 due to the dividends received.
  • net cash from investing activities = -$4,940

4 0
3 years ago
Select all that apply On December 1, Christy Co. accepted a 60-day, 6%, $1,000 note due January 30. On December 31, the appropri
kykrilka [37]

Answer:

Notes Receivable for $1,000. Cash for $1,010. Interest Revenue for $5.  Interest Receivable for $5.

Explanation:

The journal entry to record the receipt of the payment is shown below:

Cash Dr $1,010

     To Interest receivable  $5 ($1,000 ×6% × 30 days ÷ 360 days)

     To Interest revenue $5

     To Note receivable $1,000

(being the receipts is recorded)

here cash is debited as it increased the assets and credited the interest receivable, interest revenue and note receivable as it increased the assets and revenue accounts

6 0
2 years ago
If a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3% is $877, how much was the l
mihalych1998 [28]

Answer:

$144,200

Explanation:

7 0
2 years ago
What would $250000 make per year in a savings account?
Mumz [18]
It would make you $7,500

because banks usually pay a person $0.03 for every dollar

250,000 times .03 equals 7,500
6 0
3 years ago
The first step in the human resource planning process is forecasting. Forecasting is an attempt to determine the supply and dema
sesenic [268]

Answer:

Missing word <em>"Roll over each of the items below to read about the proportion of marketing employees at different times. Then drag each item into the correct position in the matrix."</em>

Note: The matrix in the question is attached as picture below

Year                                            2016

                   Sales mgr        Sales Rep         Sales asst.         Not in

                                                                                              Organisation

<em>2012</em>

Sales           Maintain         Management        Manager         Manager

manager    Management  Representative     Assistant        Turnover

                    Position             Demotion           Demotion

Sales Rep   Sales Rep      Maintain Rep       Rep assistant     Sales Rep

                    Promotion        Position               Demotion

Sales          Asst manager   Management    Maintain asst.     Sales Asst

assistant     Promotion          Promotion         position             Turnover

Not in        Manager New   Sales Rep          Sales Assistant

Organi-       Hire                   New Hire            New Hire

sation

7 0
3 years ago
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