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arlik [135]
3 years ago
13

These items are taken from the financial statements of Windsor, Inc. at December 31, 2017.

Business
1 answer:
nordsb [41]3 years ago
5 0

Answer:

To make balance sheet we first have to calculate net income/net profit for the year.

<em><u>Net profit Calculation</u></em>

Service revenue            $ 13,524

Insurance expense        ($     718 )

Depreciation expense   ($ 4,876)

Interest expense           ($ 2,392)

Profit                              $ 5,538

<em><u></u></em>

Balance Sheet

Asset

Non-Current Asset

Land                                                            $56,304                                                            

Buildings                                                     $97,336

Accumulated depreciation—buildings      ($41,952)

Equipment                                                   $75,808

Accumulated depreciation—equipment   ($17,222)

Total non Current Asset                            $170,274

Current Asset

Cash                                                              $10,893

Accounts receivable                                    $11,592

Prepaid insurance                                         $2,944

Current Asset                                               $25,429

Total Asset                                                   $195,703

Equity

Common stock                                              $55,200

Retain Earning (36,801+5,538)                     $42,339

Total Equity                                                   $97,539

Liability

Non-Current Liability

Current Liability

Accounts payable                                           $8,740

Notes payable                                                $86,112

Interest payable                                               $3,312

Total Current Liability                                  $98,164

Total Liability + Equity                                $195,703

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Timothy is a construction worker in one of the leading firms of a city. His employment contract includes a clause that says he c
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Answer:

A clause that says Timothy (A construction worker) cannot work as a construction worker within the city for fifteen years once he leaves the company  is Legal because the employer can add any constraint to the agreement.

Explanation:

The provisions of employment contracts usually include an explanation of compensation, penalties and in peculiar cases post-employment clause.

Post-employment clause usually comes with additional benefits like payment of severance.

Enforcing an employment contract varies according to state laws. For this reason, before entering into a written employment contract, clean employee has to be clear on the terms and provisions of the contract because once you append your signature to any provision stipulated by the employer in the contract, it is binding.

Post-employment restrictive covenants are only useful to the employer if they can be enforced. Continued payment of severance often provides the employer with leverage when trying to enforce restrictive covenants in an employer's contract.  

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Andy Grove, former CEO and cofounder of Intel, encouraged openness by not having many of the trappings of success. This is an ex
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Answer:

Andy Grove, former CEO and cofounder of Intel, encouraged openness by not having many of the trappings of success. This is an example of evolving from boundaries to rewards and culture byA) hiring people who identify with the dominant values of the organization.B) developing managerial role models.C) maximizing training and indoctrination.D) aligning rules with organizational goals and objectives.

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using the weighted-criteria evaluation system, what is the overall performance score for this supplier given the following param
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<h3>What is the  weighted-criteria evaluation system?</h3>

A decision-making tool called a weighted criteria matrix compares probable solutions against a set of weighted criteria. Common applications include selecting the best software to buy or choosing amongst optional options.

The formula for the total score is given as ∑( weight * score)

The values that we have in the question have been entered to create the solution to the question that we have here. This is solved as:

on-time delivery 80 * 30% =  24

quality 95 * 25% = 23.75

order accuracy 90 * 20% = 18

price 100 * 15% = 15

cost reduction 75 * 5% = 3.75

innovation 80 * 5% = 4

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