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Troyanec [42]
3 years ago
12

_______ believed that quality stemmed from "constancy of purpose," and that managers should stress teamwork, be helpful rather t

han simply give orders, and make employees feel comfortable about asking questions.
A- Max Weber
B- Mary Parker Follett
C- W. Edwards Deming
Business
1 answer:
RSB [31]3 years ago
5 0

Answer:

The correct answer is letter "C": W. Edwards Deming.

Explanation:

American statistician W. Edwards Deming (1900-1993) is mainly known for his study in the field of corporate quality. According to Deming, managers should cease dependence on inspection to achieve quality and improve constantly the production and planning processes. It is believed that Deming's theory helped Japan recovery after World War II (WWII).

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What are three typical reasons why companies develop their own information systems?
9966 [12]
"To satisfy the unique business requirements, to meet constraints of exisTng systems, and to <span>minimize changes in business procedures and policies." are the certain reasons in which it prompted the companies to develop their own information system which is essential for the influx of data entering their systems.</span>
4 0
4 years ago
The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2019: Number of Days Unpaid
Art [367]

Answer:

bad debt expense 7,464 debit

      allowance for doubtful accounts   7,464 credit

--to record year-end adjustment for bad debt expense--

allowance for doubtful accounts 3,171 debit

                   accounts receivables      3,171 credit

--to record write-off of a custoemr account--

Explanation:

We multiply each balance by their expected uncollectible amount:

Date   // Amount  // Expected    //  uncollectible

not due 127400 0.03         3,822

up to 30 90100 0.13                  11,713

up to 60 54500 0.19                 10,355

above 61  32700 0.33          10,791

                 Total        36,681

Allowance balance 29,217

Difference 36,681 - 29,217 = 7,464

The write-off will decrease both, account recievable and the allowance

Allowance for doubtful accounts

<u>Debit      Credit</u>

            36,681

3,171

Balance 33,510

8 0
3 years ago
The current spot exchange rate is $1.55 = €1.00 and the three-month forward rate is $1.60 = €1.00. Consider a three-month Americ
Ad libitum [116K]

Answer:

$1.58 = €1.00

Explanation:

To calculate the exchange rate breakeven point, you divide the longer-term bond figure by the shorter-term bond figure, after which you’ll do a further exponential calculation, increasing the figure to the power of one divided by the disparity in the years of the two maturities.

the solution to the question is:

$5,000 option premium on €62,500 amounts to $0.08 per euro.

With a strike price of $1.50 =€1.00 the exchange rate will have to be ($1.50+$.80), therefore $1.58 = €1.00 for you to break even.

6 0
3 years ago
Central Systems desires a weighted average cost of capital of 12.7 percent. The firm has an aftertax cost of debt of 4.8 percent
Anon25 [30]

Answer:

Debt-equity ratio = 0.34 or 34%

Explanation:

Weighted average cost of capital (WACC) = 12.7%

Cost of debt = 4.8%

Cost of equity = 15.4%

Let 'We' and 'Wd' be the fraction of capital corresponding to equities and costs, respectively, and that We + Wd =1.

The weighted average cost of capital is given by

WAAC = 0.154*W_e +0.048W_d\\0.127 = 0.154*W_e +0.048*(1-W_e)\\0.079 = 0.106W_e\\W_e=0.745\\W_d = 1-0.745=0.255

The debt-equity ratio is:

DER = \frac{W_d}{W_e}=\frac{0.255}{0.745}\\DER =0.34

7 0
4 years ago
The following information applies to the questions displayed below.
Fynjy0 [20]

Answer:

BUCKEYE  INCORPORATED

General Journal:

No Date          Description  Debit       Credit

1     November 01

Cash                                  $11,000

Common Stock                                 $11,000

To record the issue of common stock for cash.

2.  November 02

Equipment                       $1,500

Long-term Note Payable                   $1,500

To record the purchase of equipment from Spartan Corporation.

3.  November 04

Supplies                         $1,100

Accounts Payable                             $1,100

To record the purchase of supplies on account.

4.  November 10

Accounts Receivable   $7,000

Service Revenue                              $7,000

To record the provision of services to customers on account.

5.  November 15

Accounts Payable        $1,200

Cash Account                                  $1,200

To record the payment to suppliers on account.

6.  November 20

Salaries Expense         $1,000

Cash Account                                  $1,000

To record the payment of salaries for the first half month.

7.  November 22

Cash Account             $9,000

Service Revenue                            $9,000

To record the provision of services to customers for cash.

8.  November 24

Long-term Notes Payable $600

Cash Account                                   $600

To record the payment on note to Spartan Corporation.

9.  November 26

Utilities expense              $1,200

Cash Account                                 $1,200

To record the payment for gas and electricity for November.

10.  November 30

Rent expense                 $3,000

Cash Account                                 $3,000

To record the payment of rent for November.

Explanation:

General Journals:  Buckeye Incorporated can use the general journal to record its business transactions as they occur on a daily basis.  It shows the accounts involved in the transaction and the accounts to be debited and credited as the case may be.

5 0
3 years ago
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