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frozen [14]
3 years ago
8

In service companies, __________ is supported by a cost ledger with a job cost sheet for each client. a.Work in Process b.Cost o

f Goods Sold c.Cash received for a service d.Cost of Services
Business
1 answer:
laila [671]3 years ago
7 0

Answer: Work in process

Explanation:

The work in process is basically refers to the work in the progress that helps in process the production of the products and the services.

The work in process is basically refers to the process inventory system that helps in managing the accounting period and also the cost is basically assigned for the inventory valuation.

According to the given question, the work in process is supported by the cost ledger that manages all the services with the client in the company. Therefore, Work in process is the correct answer.

 Therefore, Work in process is the correct answer.

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Sales $200,000 Net income 100,000 Depreciation 20,000 Interest 10,000 Taxes 5,000 What is the company’s operating profit margin?
WITCHER [35]

Answer:

57.5%

Explanation:

Data Provided:

Total Sales =  $ 200,000

The net income = $ 100,000

Depreciation = $ 20,000

Interest = $ 10,000

Taxes = $ 5,000

Now,

the operating profit is the from the income before the taxes and interest. Thus,

the interest and taxes will be included in the net income for the operating profit

therefore,

The operating profit = income + Interest + Taxes

or

The operating profit = $ 100,000 + $ 10,000 + $ 5,000 = $ 115,000

Now,

the operating profit margin = ( Operating profit / Sales ) × 100

or

= ( $ 115,000 / $200,000 ) × 100 = 57.5%

3 0
3 years ago
During the meeting, the manager exclaims "I am in charge" in order to initiate structure, set goals, assign tasks, and take conc
mart [117]

Answer:

<u>Directive.</u>

Explanation:

House's original path-goal theory is based on the theory that the behavior exerted by the leader must be adjusted according to the work environment and the employees, so that there is motivation, satisfaction and improvement in the performance of the employees to achieve of goals.

According to House and Mitchel, there are four styles of leaders:

  1. Directive,
  2. Supportive,
  3. Participative, and
  4. Achievement.

So on this issue, the leadership style that best fits is the directive leader.

In this leadership style, it is the leader who provides the guidelines for the development and execution of tasks, and the coordination of work. The leader provides clear goals and expectations about performance to achieve the expected results.

5 0
3 years ago
D(&gt;:o)----------|------
Natasha_Volkova [10]

Answer:

OOf..

Explanation:

4 0
3 years ago
Read 2 more answers
Stockholders' equity of Eden Industries totals $63,000 in combined common stock and retained earnings. Assuming common stock and
TiliK225 [7]

Answer:

Under classified balance sheet, common stock and retained earnings are reported separately

Explanation:

Under equity section of balance sheet, common stock and retained earnings are line items i.e they are reported under equity section of balance sheet separately.

The total of these two should also be separated i.e the total is a line item also. And this forms the total equity provided there are no other line items for the for the period again.

6 0
3 years ago
Interest rate​ (with changing​ years). Keiko is looking at the following investment choices and wants to know what annual rate o
olga2289 [7]

Answer:

7.38%

8.23%

7.01%

9.17%

Explanation:

Rate of return = (future value / amount invested)^(1/n) - 1

n = number of years

a. (788.17 / 360)^(1/11) - 1 = 7.38%

b. (11.499.87 / 3000) ^(1/17) - 1 = 8.23

c. (140,000 / 31,542.31)^(1/22) - 1 = 7.01

d. (1,100,000 / 32895.12)^(1/40) - 1 = 9.17

7 0
3 years ago
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