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3 years ago

What should a manager ideally do after implementing a solution to a given work-related problem?

Business

1 answer:

Alecsey [184]3 years ago

6 0

After implementing a solution to a given work related problem the manager should evaluate the outcome of the solution

Explanation:

A manager should have leadership qualities where he or she is in charge of the entire group of people in the industry and is responsible for any mistakes or errors caused by the employees.

He or she should know how to tackle and provide solutions to a problem that is being faced by the company.

A manager should be a good role model for his/her subordinates and encourage them in solving their problems by themselves.

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Larson Company on July 15 sells merchandise on account to Stuart Co. for $1,000, terms 2/10, n/30. On July 20 Stuart Co. returns

pickupchik [31]

Answer:

b. $588

Explanation:

Terms 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

When Larson Company sold merchandise, the following entry was made to recording revenue (sales) and the receivable:

Debit Receivable Account $1,000

Credit Revenue $1,000

On July 20 Stuart Co. returns merchandise, the entry is made to record the decreasing of Receivable Account:

Debit Revenue $400

Credit Receivable Account $400

The balance Receivable Account of Stuart Co. = $1000-$400 = $600

On July 24, Stuart Co. makes the payment, the sales discount was:

$600 x 2% = $12

The amount of cash received = $600-$12=$588

The following entry is made:

Debit Cash: $588

Debit Sales discount: $12

Credit Receivable Account $600

7 0

3 years ago

Virgil wants to emphasize the sheet tabs in his workbook. which command should he choose?

Advocard [28]

Tab Color.........................

4 0

3 years ago

_____ is a delivery model for software in which you pay for software on a pay-per-use basis instead of buying the software outri

zhuklara [117]

Answer:

b. SaaS

Explanation:

The full form of SaaS is software as a service. It is a software which is to be paid by per user rather than buying the outright of the software. It is a subscription based where the user must have to pay the subscription fees on a monthly or yearly basis. When the subscription tenure is expired the user must have to pay the charges again to take the service

Therefore the option b is correct

3 0

3 years ago

Exercise 14-13 Coronado, Inc. had outstanding $5,460,000 of 11% bonds (interest payable July 31 and January 31) due in 10 years.

cupoosta [38]

Answer: Please see expalantion coumn for answer

Explanation:

1) To record issuance of bonds

Date Account Title Debit Credit

July 1 Cash $9,457,500

Discount on bond payable $292,500

Bond payable $9,750,000

Calculation:

Cash =$9,750,000 x 97% = $9,457, 500

Discount = $9, 750,000 - $9,457,500= $292,500

2)To record retirement of 11% bonds

Date Account Title Debit Credit

August 1st Bond payable $5,460,000

Loss on Redemption of bonds $218,400

Cash $5,569,200

Discount on Bonds payable $109,200

Calculation:

Cash =$5,460,000 x 102% = $5,569,200

Loss on Redemption of bonds = Cash + Discount on bonds payable - Bonds payable = $5,569,200 + $109,200) - $5,460,000= $218,400

7 0

3 years ago

The following information is available for Ivanhoe Company. April 1 April 30 Raw materials inventory $10,500$14,000 Work in proc

Fiesta28 [93]

Answer and Explanation:

The preparation of the cost of goods manufactured schedule for the month of April is presented below

Beginning work-in-process inventory $4,840

Manufacturing costs:

Direct materials:

Beginning inventory $10,500

Purchases $97,700

Materials available $108,200

Less: Ending inventory -$14,000

Direct materials used $94,200

Direct labor $80,300

Manufacturing overhead $162,000

Total manufacturing costs: $336,500

Total costs of work-in-process $341,340

($4,840 + $341,340)

Less: Ending work-in-process -$3,700

Cost of goods manufactured $337,640

Basically we simply the cost of goods manufactured formula

3 0

3 years ago