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Serjik [45]
4 years ago
14

You are the vice president of a computer sales company. You could save significant money by firing one of two employees who serv

ice the northwest region: Gary and Brenda. Gary is a long-time employee with an excellent sales record and a forceful demeanor. However, you and Gary have conflicted in the past when you rejected his request for a significant raise. Brenda has been struggling with her sales quotas lately, but is very popular amongst her co-workers. She has also been a quiet confident for key sales decisions. Evaluate whether you should layoff Brenda, Gary, or neither employee, and give the reasons for your decision.
Business
1 answer:
patriot [66]4 years ago
8 0

Answer:

I would fire Gary.

Explanation:

Even if Gary has a better sales record, he seems to be unable to keep good personal relationships, both with coworkers and clients. This in the long-run could become more problematic and lead to a decline in sales record, and also, a decline in other areas.

Brenda, on the other hand, needs to improve her sales record, but she has strong interpersonal skills that give her an advatange. It is easier to teach a person how to sell than how to be a well-mannered person, therefore, in theory, if should not be so difficult to help Brenda reach higher sales.

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Carson Company began operations on February 1, 2016, and experienced the following events during the year: 1. Earned $150,000 of
Nikolay [14]

Answer:

What is Carson Company's net realizable value of the accounts receivable at the end of 2016?  

Dr Accounts receivable $ 22,000

Explanation:

1. Earned $150,000 of revenue on account

Dr Accounts receivable $ 150,000

Cr Sales $ 150,000

2. Collected $125,000 cash from accounts receivable  

Dr CASH $ 125,000

Cr Accounts receivable $ 125,000

Adjusted the accounting records to reflect management's belief that $3,000 of the accounts receivable balance would be uncollectible.  

Dr Bad Debt Expense $ 3,000

Cr Allowance for Uncollectible Accounts $ 3,000

What is Carson Company's net realizable value of the accounts receivable at the end of 2016?  

Dr Accounts receivable $ 22.000

The net realizable value of the accounts have to consider the estimated value that would be uncollectible, this case :

$150,000  Credit Sales

-$125,000  Cash from Accounts Receivable

 -$ 3,000  Accounts Receivable balance that would be uncollectible.  

===========

 $ 22,000 ==> Net realizable value of the accounts receivable

6 0
3 years ago
For most accounting positions, the minimum educational requirement is
Archy [21]
It’s c I had this problem a week ago
3 0
3 years ago
Do you know, and can you describe, the three principal ways a for-profit business might legally organize?
Lostsunrise [7]

Answer:

1. Sole Proprietorship

2. Limited Liability Company (LLC)

3. Corporation

Explanation:

1. Sole Proprietorship - This is also called a one-man business. It could be your small neighbourhood store and so on. It is usually owned and run by the same person. The owner has unlimited liability and thus can lose his/her personal properties where the business is in debt.

2. Limited Liability Company (LLC) - these are private limited liability companies, and as name implies, the liability of its members is limited to the amount they contribute to the business. The Company is a legal entity and can own, buy and sell properties in its name

3. Corporation - This is a public company, its share is quoted on the stock exchange and can be freely traded. The ownership (shareholders) of the public corporation is different from those who run them (management). The Company is a legal entity and can own, buy and sell properties in its name

4 0
3 years ago
The following transactions are February activities of Swing Hard Incorporated, which offers indoor golfing lessons in the northe
Greeley [361]

Answer:

A

cash        15,000 debit

accounts receivable 15,000 credit

B

cash            150 debit

   gift card liaiblity     150 credit

C

accounts receivable     4,000 debit

         services revenue           4,000 credit

D

cash           2,250 debit

       unearned revenue    2,250 credit

E

accounts receivable 125 debit

     service revenues            125 credit

Explanation:

A

we increase cash and decrease the customers accounts

B

we record the cash proceeds and use a liability for the obligation in the near future to provide services to a customer

C

we recognize the revenue and increase our accounts receivable

D

as the colleciton is in advance the revenue is not earned. this is a liability as we now have the obligation to perform services in the near future

E

we must match the revenue whn the time it occurs and that time was february not march.

3 0
3 years ago
The three parts of the Federal Reserve System are the Reserve Banks, the Federal Open Market Committee (FOMC), and the:
liraira [26]

Board of governors.

The board has 7 members appointed by the President of the United States and confirmed by Congress who serve 14 year terms.

8 0
3 years ago
Read 2 more answers
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