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Alik [6]
3 years ago
8

Chuck is concerned with what he considers to be an unfair situation at work. Although he put in 10 hours of overtime last week,

he received the same pay as a co-worker who didn't put in any overtime. This week he decided to take an extra hour for lunch every day. Using the terminology of equity theory, Chuck has decided to ____.
Business
1 answer:
omeli [17]3 years ago
7 0

Answer: Decrease his inputs

Explanation: Chuck has decided to decrease his inputs using the terminology of equity theory. The equity theory is based upon the fact that individuals or employees are motivated by fairness and calls for a fair balance to be struck between an employee's inputs and outputs which ultimately ensures strong and productive relationships with employees who are both contented and motivated. Employee equity is measured by comparing the ratio of contributions or costs and benefits or rewards for each employee. Chuck spending an extra hour at lunch every day is the loss of an hour's work (input).

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Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 4% of credit sales will
OverLord2011 [107]

Answer:

$3760

Explanation:

Calculation to determine the December 31 balance in Bad Debt Expense

Using this formula

Bad debt expense = Credit sales × Uncollectible percentage

Let plug in the formula

Bad debt expense= $94,000 × 4%

Bad debt expense= $94,000 × 0.04

Bad debt expense= $3760

Therefore the December 31 balance in Bad Debt Expense will be $3760

8 0
3 years ago
BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recently decide
fomenos

Answer:

Forward integration

Explanation:

Forward integration is a type of business strategy in which the business activities should be carried forward for incorporating the complete production of the product i.e. from the raw material to the end manufacturing of the product along with the supply chain and its logistics. In this, the supplier of the raw material should extend the business to the end manufacturing of the product

So as per the given situation, it is a forward integration

8 0
3 years ago
The balance in the prepaid insurance account before adjustment at the end of the year is $27,000. Journalize the adjusting entry
Radda [10]

Answer:

(A)  Debit Insurance expense $20,250

     Credit Prepaid insurance $20,250

     Being entries to recognize insurance amortization expense for the year.

(B)  Debit Insurance expense $20,250

     Credit Prepaid insurance $20,250

     Being entries to recognize insurance amortization expense for the year.

Explanation:

Prepaid insurance account before adjustment = $27,000

(A) the amount of insurance expired during the year is $20,250

To account  for the expired amount,

Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

(B) the amount of unexpired insurance applicable to future periods is $6,750

Amount expired = $27,000 - $6,750

                           = $20,250

To account  for the expired amount such that the amount of unexpired insurance applicable to future periods is $6,750,

Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

4 0
3 years ago
Margaret is the new director of research at a well-known pharmaceutical company. She has been asked to design a set of research
Salsk061 [2.6K]

Answer:

double - blind experiments.

Explanation:

Double - blind experiment -  

It is an experimental method , which helps to avoid any impartiality and any error due to biasing .

The experiment give rise to very accurate results , which is very important for any experiment .

Hence , the new director Margaret , need to design a set of double - blind experiments .

7 0
3 years ago
What a some different types of of financial institutions
vichka [17]

Financial institutions are organizations that process monetary transactions, including business and private loans, customer deposits, and investments. Some examples of depository financial institutions are commercial banks and credit unions. Some examples of Non-depository institutions are mutual funds, Security Firms (Investment banking, Equity Broking), Pension Funds, and Insurance Companies.
7 0
3 years ago
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