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3 years ago

1.5. Elaborate on the meaning of induction and explain its purpose.

1 answer:

3 0

Answer: Induction, also known as orientation, is a process of making the new employee familiar with the work environment and the fellow employees. ... Induction makes the new employee feel at home and helps him to adjust with the new environment in the organisation.

The motivation behind the acceptance is to cause new representatives to feel at home in their new positions and workplace as fast as could be expected under the circumstances in order to permit them to contribute successfully at the earliest opportunity.

Explanation:

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Accounts receivable from sales to customers amounted to $40,000 and $32,000 at the beginning and end of the year, respectively.

natima [27]

Answer:

a. $118,000

Explanation:

When preparing a cash flow statement, using indirect method we add decrease in current assets and we deduct increase in current assets.

Here it is provided that income reported = $110,000

Opening balance of accounts receivables = $40,000

Closing balance of accounts Receivables = $32,000

Change in Accounts receivables = Closing - Opening = $32,000 - $40,000 = - $8,000

Therefore there is decrease in accounts receivables which is a current asset.

Thus Cash Flow from operating activities

Net Income = $110,000

Add: Decrease in current assets = $8,000

Net cash flow from operating activity = $118,000

Correct option is

a. $118,000

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2 years ago

Donna is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she

kodGreya [7K]

Answer:

Perfect Plungers Plus is the company that would give Donna a stable long term investment

Explanation:

Because it has a low standard deviation than the other company, meaning it has the expected value as a low standard deviation is, also its data is not far from the mean and is not spread out.

5 0

2 years ago

Read 2 more answers

Whether an existing business process is being improved or a completely new business process is being created, the first step in

PIT_PIT [208]

Answer:

A) define the goals. (part of define the problem)

Explanation:

The 5 stages of the Six Sigma process (DMAIC) are:

Define the problem: involves defining the problem statement ⇒ the reasons for creating or improving the process ⇒ define the goals of the process ⇒ establish a timeline ⇒ determine the scope of the project ⇒ choose the team that will be in charge of carrying out the project.
Measure or quantify the problem.
Analyze and identify the cause of the problem.
Improve by solving the root cause of the problem and verify the improvement.
Control the improvements and pursue perfection.

8 0

2 years ago

Many in the advertising industry are calling for a new way to measure a commercial’s effectiveness, _____________, an accountabi

Vsevolod [243]

ROI is the answer to this question. ROI or Return of Investment is when the capital is now gained back and the business computes the amount of profit during the time the investment was returned. Return of investment is computed by dividing the benefit of investment over the cost of investment.

6 0

3 years ago

Sheffield Company lends Pharoah Company $10100 on April 1, accepting a four-month, 12% interest note. Sheffield Company prepares

Monica [59]

Answer:

The answer is:

Dr Interest receivable 303
Cr Interest revenue 303

Explanation:

The total interest Sheffield Company will charge during the four months is $1,212, equivalent to $303 per month. Since only one month has passed since the debt was made, Sheffield should record revenue for one month interest:

Dr Interest receivable 303
Cr Interest revenue 303

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3 years ago