1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Orlov [11]
3 years ago
8

You are concerned with a steady decline in profits in your​ company, despite the fact that costs are not rising at an unreasonab

le rate. Which person should you visit with​ first?
Business
1 answer:
alexdok [17]3 years ago
4 0

Answer:

I will visit the sales manager first

Explanation:

A company is profitable if its turnover exceeds expenditure. In other words, total sales must be more than the sum of the cost of sales and operating costs.

In a company, the significant cost components are inventory and operations costs. In this case, costs are risings reasonable. It signifies growth in production activities. The problem for the company is likely to be sales-related. Possible challenges in sales departments include.

  1. A significant drop in sales volumes

     2. Low mark-up on the companies products

     3. Pilferage or fraud in the sales processes.

You might be interested in
Kelly Realty loaned money and received the following notes during 2018:Note Date Principal Amount Interest Rate Term(1) Oct. 1 $
hammer [34]

Answer:

Kelly Realty

1. Determination of Maturity Date and Value for each note:

Note        Principal      Interest Rate      Maturity Date          Maturity Value

1.              $28,000      6%                     Sept. 30 2019           $29,680

2.            $22,000      10%                     March 31, 2019        $23,650

3.            $14,000        14%                     Dec. 18, 2018          $14,490

b) Journal Entries to record receivables:

October 1:

Debit 6% Notes Receivable $28,000

Credit Cash Account $28,000

June 30:

Debit 10% Notes Receivable $22,000

Credit Cash Account $22,000

Sept 19:

Debit 14% Notes Receivable $14,000

Credit Cash Account $14,000

c) Journal Entries to record collection of principal and interest at maturity:

Sept. 30, 2019:

Debit Cash Account $29,680

Credit Interest on Note $1,680

Credit Notes Receivable $28,000

March 31:

Debit Cash Account $23,650

Credit Interest on Note $1,650

Credit Notes Receivable $22,000

Dec. 18, 2018:

Debit Cash Account $14,490

Credit Interest on Note $490

Credit Notes Receivable $14,000

d) Adjusting Entry:

Dec. 31, 2018:

Debit Interest on Notes Receivable $2,150

Credit Interest on Notes $2,150

Explanation:

a)     Note Date    Principal Amount          Interest Rate           Term

(1)    Oct. 1            $28,000                        6%                           1 year

(2)   Jun. 30          22,000                        10%                          9 months

(3)   Sep. 19           14,000                         14%                          90 days

b) Interest on the notes:

                                               Total             For 2018

1. 6% of $28,000 =                 $1,680         $1,680 x 4/12 =  $560

2. 10% of $22,000 x 9/12 =   $1,650         $1,650 x 6/9 =  $1,100

3. 14% of $14,000 x 90/360 = $490          $490 x 90/90 = $490

Total                                       $3,820                                   $2,150

c) Interests on notes receivable are prorated accordingly.

8 0
3 years ago
In which strategy does the acquiring company impose its culture and business practices on the acquired organization?
Mila [183]

Employees usually resist organizational trade, particularly when they're requested to throw away private and cultural values. underneath those situations, some obtaining companies follow a deculturation strategy through enforcing their lifestyle and enterprise practices on the acquired organization.

A deculturation strategy of merging company cultures has to be carried out: whilst personnel at the obtained enterprise willingly embody the cultural values of the acquiring organization. whilst both companies operate successfully in different industries. while the received firm's lifestyle does not work.

Alternatively obtaining organizations often apply a deculturation strategy via imposing their lifestyle and business practices on the received organization. They strip away artifacts and praise systems that support the antique culture. folks who can't adopt the acquiring enterprise's culture are often terminated.

Learn more about organization here: brainly.com/question/24448358

#SPJ4

7 0
2 years ago
If farmer sam macdoanld can produce 200 pounds of cabbages and 0 pounds of patotes or 0 pound of cabbes and 100 pounds of potato
amid [387]
C is your best answer!! goodluck
5 0
3 years ago
Southeastern Bank organizes its loan operations based on the market served—consumer, small business, or nonprofit organizations.
bezimeni [28]

Answer:

customer group

Explanation:

Customer departmentalization is where the organization’s activities are ready to respond to and interact with specific customers or customer groups.

This organizational form is used when great emphasis is placed on effectively serving different customer types.

If Southeastern Bank organizes its loan operation based on customers group, this will allow Southeastern Bank to better serve borrowers with different needs by offering customized loan arrangements according to the customers preferences.

<u>Advantages of customer departmentalization </u>

  • Encourages concentration on customer needs.
  • Gives customers feeling that they have an understanding supplier (banker).
  • Develops expertness in the customer area.
  • Saves customers’ time.
3 0
3 years ago
Which demographic category reported the least amount of stress during 1983, 2006, and 2009?
Allisa [31]
<span>Retired people reported the least amount of stress during 1983, 2006, and 2009. Retired people obviously do not have to deal with the stress of a career or job, they most likely do not have to raise children and they are free to engage in any pleasurable activity they please.</span>
3 0
3 years ago
Other questions:
  • Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,700 client-visits, but
    5·1 answer
  • Labor is a resource that is necessary to produce many goods. "If the price of labor falls," says the economist, "the prices of g
    11·2 answers
  • In order to prevail in a lawsuit based upon strict liability in tort for personal injuries resulting from the use of a defective
    14·1 answer
  • An entity entered into a contract to construct a building. Based on the contract’s terms, the entity appropriately determined th
    12·1 answer
  • If you invest $9200 in a savings account with a yearly interest rate of 3% for 7 years, how much simple return did you earn....
    7·1 answer
  • The pension plan was amended last year, creating a prior service cost of $20 million. Service cost and interest cost for the yea
    7·1 answer
  • The Consumer Product Safety Commission is a government agency that issues rules, orders, and decisions. The Colorado state legis
    11·1 answer
  • Onslow Co. purchased a used machine for $240,000 cash on January 2. On January 3, Onslow paid $8,000 to wire electricity to the
    7·1 answer
  • Discuss how work plays part in the work situation?​
    15·1 answer
  • At what point does an informal agreement become a binding
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!