All categories

4 years ago

Fortunately, those who survive company layoffs rarely exhibit negative behaviors (such as decreased productivity or low morale).

Business

1 answer:

Komok [63]4 years ago

6 0

Answer:

The correct answer is letter "B": False.

Explanation:

Company layoffs not only represent a problem to the workers not working anymore for the firm but also to those who keep the job. Layoffs, in general, create uncertainty within a company because the remaining workers typically tend to believe sooner or later they will be laid off as well. Low esteem, engage with the company, and productivity is the result of this scenario.

You might be interested in

When are product costs included on the income statement?

ioda

Answer:

The correct answer is D. When the product is sold and delivered to a customer.

Explanation:

It is recognized at the time of the sale, because the company receives an income as a result of the recovery of its cost plus the established profit margin. When the sale has not been made, it remains within the product inventories until the sale occurs and becomes an operational income.

4 0

3 years ago

Mr. A owned 75% of the voting stock and 85% of the nonvoting stock of Corporation Y. Mr. A transferred property with a fair mark

Lena [83]

Answer:

Explanation:

Since Mr. A already owns 75% of common stock (and 85% of nonvoting stock), the extra 5% will result in a total of 80% (and 90%), that means that he cannot recognize any loss or gain resulting from this transaction. This applies to all stockholders that own at least 80% of a company's stocks and transfer property in exchange for more stocks.

5 0

3 years ago

What refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by compani

Elodia [21]

Answer:

circulation audit

Explanation:

A circulation audit is a term that describes a distinct form of audit which validates publisher's real printing and distribution, and at the same time, verifies publisher's books, records, and documents relating to circulation.

In other words, it is considered as a standardized, authoritative statement of a publication's printing, distribution, and readership.

Hence, CIRCULATION AUDIT refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by companies such as ABC

4 0

3 years ago

Castle Leasing Company signs a lease agreement on January 1, 2020, to lease electronic equipment to Jan Way Company. The term of

lisov135 [29]

Answer:

A. 01-01-2020

Dr Lease receivable $160,000

Dr Cost of goods sold $105,488

Cr Sales $145,488

Cr Inventory $120,000

12/31/20

Dr Cash $78,244

Cr Lease receivable $70,244

Cr Interest revenue $8,000

12/31/21

Dr Cash $78,244

Cr Lease receivable $73,756

Cr Interest revenue $4,488

B. Dec 31,2021

Dr Cash $ 16,000

Cr Sales revenue $ 16,000

Explanation:

Preparation of the journal entries

First step is to Compute the annual payments

Present Value of lease payment

Fair value $160,000

less: present value of residual value $14,512

(16000*0.90703)

Present value of lease payment $145,488

Annual lease payment (145488/1.85941) = $78,244

Present value of $ 1 at 5 % 2 periods = 0.90703

Present value of an ordinary annuity of $ 1 at 5 % 2 periods = 1.85941

Second step is to computer the Lease Amortization Schedule

CASTLE LEASING COMPANY (Lessor)

Lease Amortization Schedule

1/1/20 $160,000

12/31/20 $78,244 $8,000 $70,244 $89,756

12/31/21 $78,244 $4,488 $73,756 $16,000

12/31/21 $16,000 0 $16,000 0

12/31/20

($160,000*5%)=$8,000

$78,244-$8,000=$70,244

$160,000-$70,244=$89,756

12/31/21

($89,756*5%)=$4,488

$78,244 -$4,488=$73,756

$89,756-$73,756=$16,000

Lease Receivable = ($78,244 × 1.85941) + ($16,000 × 0.90703)

Lease Receivable = $160,000

Cost of Goods Sold = $120,000 - ($16,000 × 0.90703)

Cost of Goods Sold= $105,488

Sales Revenue = $160,000 - (16,000 × 0.90703) Sales Revenue = $145,488

Now let prepare the JOURNAL ENTRIES

A. Preparation of the journal entries on the books of Castle Leasing to reflect the payments received under the lease and to recognize income for the years 2020 and 2021.

01-01-2020

Dr Lease receivable $160,000

Dr Cost of goods sold $105,488

Cr Sales $145,488

Cr Inventory (given) $120,000

( To record lease )

12/31/20

Dr Cash $78,244

Cr Lease receivable $70,244

Cr Interest revenue $8,000

($160,000*5%)

(To record interest revenue for Dec 2020)

12/31/21

Dr Cash $78,244

Cr Lease receivable $73,756

Cr Interest revenue $4,488

(To record interest revenue for Dec 2021)

B. Preparation of the journal entry to record the sale on Castle Leasing's books.

Dec 31,2021

Dr Cash $ 16,000

Cr Sales revenue $ 16,000

( To record sale on castle leasing's books )

6 0

3 years ago

In 1993, when Fischer began his tenure at Kodak, the film industry was evolving from one type of change which was slow to anothe

Pavel [41]

Answer:

<u><em>Radical change</em></u>

Explanation:

A distinguishing feature of radical change is that it is rapid in terms of ground breaking breakthrough innovations.

Thus, In 1993 the film industry was experiencing breakthrough innovations such as the release of the blockbuster movie "Jurassic park" which introduced high-tech special effects in the film industry.

5 0

3 years ago