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3 years ago

1. Distinguish between evolutionary change and revolutionary change. Provide an example where

Business

1 answer:

olchik [2.2K]3 years ago

3 0

Answer and Explanation:

Evolutionary change is an extremely slow process whereas revolutionary change is a very rapid change. Under the developmental change, people have slowly explained to reform an organization while on the contrary, it acts as a mandate in revolutionary change. This is the type of pressure.

In no way in developmental change. Used to be given. If a type of product is developing slowly, then in such production managers are implementing evolutionary changes whereas if this change is happening more rapidly then we can say that managers are using revolutionary changes.

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Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $153,000 Credit sale

rodikova [14]

Answer:

Balance of allowance for doubtful accounts after Bad debt Expense is $2700

Explanation:

given data

Cash sales= $153,000

Credit sales = $453,000

Selling and administrative expenses = $113,000

Sales returns and allowances= $33,000

Gross profit = $493,000

Accounts receivable = $140,000

Sales discounts = $17,000

doubtful accounts credit balance = $1,500

solution

we know here Total Bad Debit = 3% of accounts receivable

that is Total Bad Debit = 0.03 × $140,000

Total Bad Debit = $4200

so here allowance for doubtful account credit balance = $1500

Balance of allowance for doubtful accounts after Bad debt Expense will be

Balance of allowance for doubtful accounts = $4200 - $1500

Balance of allowance for doubtful accounts = $2700

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4 years ago

suppose ta hurricane hits alabama causing widespread damage to houses and businesses the governor of alabama places pirce cielin

Mamont248 [21]

Answer:

Shortages of building materials and a slower recovery from the storm

Explanation:

From the question we are informed about an instance, whereby a hurricane hits Alabama, causing widespread damage to houses and businesses. The governor of Alabama places price ceilings on all building materials to keep the prices reasonable. In this case,what most likely result is Shortages of building materials and a slower recovery from the storm.

From law of demand, which expressed that provided other factors remain equal, when price of a good goes higher, then there would be less demand of that good from

people and vice versa. higher price brings lower the quantity demanded, and lower price brings higher the quantity demanded, therefore in the case, above as the price of ceilings on all building materials so that price becomes reasonable people demand more and it leads to Shortages of building materials

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3 years ago

Purchasing a building for $ 105 comma 000 by paying cash of $ 25 comma 000 and signing a note payable for $ 80 comma 000 will A.

kherson [118]

Answer:

C. increase both total assets and total liabilities by $ 80,000.

Explanation:

Before the purchase:

Cash $25,000

Net Actives: $25,000

After the purchase:

Buildings $105,000

Notes Payable $80,000

Net Actives: $25,000

The total increase of the total active comes with an increase in the debts too, both in 80,000.

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3 years ago

In general, it's better to have a low inventory turnover ratio than a high one, as a low ratio indicates that the firm has an ad

Dovator [93]

Answer:

b. False

Explanation:

Inventory Turnover tells us how fast the business is selling it's product. It measure the number of time an average inventory is completed its process from finished goods / Inventory to sales to customer. Higher the inventory turnover lower time of holding the inventory of each unit. So, the statement given is false.

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3 years ago

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mariarad [96]

I believe they encourage people to Save More

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