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3 years ago

The ____ structure is considered the simplest and the oldest form of organizational structure.

1 answer:

4 0

The line structure is considered the simplest and the oldest form of organizational structure. Line Structure.It is the direct chain of command throughout organization.
The Line managers are the ones who decide and command the workers. It should be quick decisions and they are accountable for the said decisions.
They must have a wide range of knowledge.

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BusyBody Company expects its November sales to be 20% higher than its October sales of $ 160 comma 000. Purchases were $ 90 com

lapo4ka [179]

Answer:

Cash balance on November 30 = $77,400

Explanation:

October sales $160,000

November sales $192,000

Calculation: November sales = $160,000 + (160,000 × 20%) = $160,000 + 32,000 = $192,000.

Collection from November $48,000

As 70% will be collected from the next month, therefore we can collect 70% from the month of October = $112,000

Total cash collection in November = $48,000 + $112,000 = $160,000

Cash disbursement for the month of November $110,000 × 30% = $33,000

70% from the month of October $90,000 × 70% = $63,000

Total cash disbursement = $96,000

The cash balance on November 1 = $13,400

Add: cash collection = $160,000

Less: cash disbursement = ($96,000)

Cash balance on November 30 = $77,400

4 0

3 years ago

When a company controls all three phases of the film-industry production, distribution, and exhibition it is said to be:?

SSSSS [86.1K]

Large Scale Industry

8 0

4 years ago

1.Your grandparents would like to establish a trust fund that would pay annual payments to you and your heirs of $100,000 a year

leonid [27]

Answer:

$1,666,666.67

Explanation:

This is a time value of money(TVM) question specifically, a perpetuity.

Use the formula for present value of perpetuity to solve it. It is as follows;

PV or perpetuity = Recurring cashflow / interest rate

PV = CF / r

Recurring annual cashflow ; CF = 100,000

rate; r = 6% or 0.06 as a decimal

PV = 100,000 / 0.06

PV = 1,666,666.667

Therefore, your parents will deposit $1,666,666.67 today

3 0

3 years ago

Refer to the T-account below: Manufacturing Overhead (2) 9,000 (12) 167,000 (3) 15,000 (4) 80,000 (5) 30,000 (6) 25,000 159,000

Elza [17]

Answer:

The answer is overapplied overhead

Explanation:

Overapplied overhead occurs when the total amount of factory overhead costs assigned to produced units constitutes more overhead than was actually incurred in the period.

7 0

3 years ago

Mills Corporation acquired as a long-term investment $230 million of 8% bonds, dated July 1, on July 1, 2021. Company management

frosja888 [35]

Answer:

1) July 1, 2021, bonds purchased at a premium

Dr Investment in bonds 230,000,000

Dr Premium on bonds 30,000,000

Cr Cash 260,000,000

Sine the price paid for the bonds was higher than the face value, they were purchased at a premium.

2) December 31, 2021, coupon payment received from investment in bonds

Dr Cash 9,200,000

Cr Interest revenue 7,800,000

Cr Premium on bonds 1,400,000

amortization of bond premium = (260,000,000 x 3%) - 9,200,000 = -1,400,000

3) investment in bonds balance = $260,000,000 - $1,400,000 = $258,600,000

4) January 2, 2022, bonds sold

Dr Cash 270,000,000

Cr Investment in bonds 230,000,000

Cr Premium on bonds 28,600,000

Cr Gain on sale of investment 11,400,000

Gain on sale = selling price - carrying value of investment = $270,000,000 - $258,600,000

3 0

4 years ago