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TiliK225 [7]
3 years ago
11

Marie who has been the department manager at Verve, Inc., for five years starts every Monday morning with a 60-minute department

meeting where each member in the department gets five minutes to report progress, share stories of success and failure, and seek general input, advice, and information. Jeremy is responsible for sharing an anecdote, an account, or a legend about the company for every first Monday of the month to keep everyone reminded of where they work and what is important. Marie has created the workplace for her department in a totally open forum. There are no walls or cubicles, and everyone including Marie is in one open room. Marie has created a skull with a victory flag on its forehead as her department's corporate logo representing the "victory or die trying" motto for her group. The group has succeeded in achieving some exceptional results in the past two years.Jeremy has the responsibility for sharing which of the following every first Monday of the month?
A. Symbols
B. Stories
C. Espoused values
D. Ceremonies
E. Language
Business
2 answers:
Setler79 [48]3 years ago
7 0

Answer:

B) Stories

Explanation:

Stories are part of the artifacts or manifestations of the organization's culture. They reflect the values and past actions (specially success stories) of the organization's history and attempt to create a type of legend surrounding certain events. The stories about the organization must be based on facts and are generally exaggerated, but they should never be considered fiction.

NISA [10]3 years ago
7 0

Answer:

Jeremy has the responsibility for sharing stories. Option B

Explanation:

A story refers to a tale that is created for entertainment or a retelling of something that occurred. Stories can also be used to motivate people, as can be seen in the scenario presented above, where Jeremy uses stories to create an idea in the minds of his colleagues about the company.

Stories can either be based on facts or they can just be made up, in the scenario presented above, the stories that Jeremy tells are based on facts about the company.

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At the beginning of 2020, Concord Company acquired a mine for $3,251,600. Of this amount, $124,000 was ascribed to the land valu
Sav [38]

Answer:

A. $737,520

B. $530,320

Explanation:

a. Computation for the total amount of depletion for 2020.

First step is to calculate the Depletion Rate

Depletion Rate = ($3,251,600 - $124,000 + $49,600 + $210,800)/12,100,000

Depletion Rate= $3,388,000/ 12,100,000

Depletion Rate= 0.28

Now let calculate the total amount of depletion for 2020.

2020 Total amount of depletion= 0.28 × $2,634,000

2020 Total amount of depletion= $737,520

Therefore the total amount of depletion for 2020 is $737,520

B. Computation for the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.

Expense amount charged= ($737,520/$2,634,000)* 1,894,000

Expense amount charged=0.28 *1,894,000

Expense amount charged=$530,320

Therefore the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020 is $530,320

7 0
2 years ago
On January 1, 2017, MM Co. borrows $350,000 cash from a bank and in return signs an 4% installment note for five annual payments
frez [133]

Answer:

a. Journal entry to record the issue of notes

Date           Account Title & Explanation   Debit $        Credit $

Jan 1          Cash                                           350,000

                 Notes Payable                                                350,000

                  (To record the issue of notes payable)

b. Calculation of Interest Expenses

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Beginning balance of loan payment         350,000

Annual interest rate                                          4%

Interest expenses                                         14,000

Hence the interest expenses = $14,000

Principal amount is calculated as the difference between the annual payment and the interest expenses as seen below

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Annual payment                                      96,590

Less: Interest expenses                          14,000

Principal Payment                                  82,590

Hence, the principal payment =$82,590

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