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Fantom [35]
3 years ago
15

When a scientific study on the harmful effects of a particular food preservative was published, Ultimo Foods, a popular potato c

hips producer, stopped using preservatives in its potato chips. This change significantly reduced the shelf life of the chips even though there were no customer complaints about Ultimo Foods' products. This is an example of a(n) _____.
Business
1 answer:
ArbitrLikvidat [17]3 years ago
4 0

Answer:

proactive strategy

Explanation:

Proactive strategies are continuous interventions aimed at reducing the probability of some disadvantageous actions occuring. It is preventive and typically deals with the preceding circumstances.

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Gallo Light began operations in 2021. The company sometimes sells used warehouses on an installment basis. In those cases, Gallo
Dvinal [7]

Answer and Explanation:

Before passing the journal entries we need to do following calculations

Particular Current year  Future taxable amounts ($ in 000s)

                        2021 2022      2023         2024  

Accounting

income         $824    

less: Permanent

difference ($34 )    

Temporary difference :      

less: installments

sales         ($570 )    $190       $190        $190  

Taxable

income          $220    

Multiply

Enacted tax rate 25%   25%          30% 30%  

Tax payable

currently      $55

Deferred tax liability        $47.5              $57       $57             $161.50

Less: Beginning balance                         $0

Change in balance : credit (debit )           $161.50

1. Now the journal entry is

On 2021

Income tax expense ($161.50 + $55) $216.50  

                        To  Deferred tax liability $161.50

                         To Income tax payable $55

(Being the income tax for 2021 is recorded)

2. And, the net income is

= Pre accounting income - income tax expense

= $824,000 - $216,500

= $607,500

3 0
3 years ago
During May, Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305. The total direct
alex41 [277]

Answer: Please see answers in explanation column

Explanation:

a)Total Labor Cost for Job 200 = Labor Hours  x Direct labor rate

= 2,500 x $ 28

= $ 70,000

b)Total Labor Cost for Job 305 = Labor Hours  x Direct labor rate

= 3,000  x $ 24

= $ 72,000

Labor Cost for Job 200 and Job 305 during May   = $ 70,000 + $ 72,000

= $ 142,000

Date         Account Titles and Explanation        Debit          Credit

May 31st     Work In Progress                  $142,000  

Wages Payable                                                            $  142,000

6 0
2 years ago
The following information was collected on work Center 40: 400 hours scheduled; 30 hours lost due to absenteeism; 20 hours lost
devlian [24]

Answer:

75% is the work center utilization

Explanation:

Mathematically;

Utilization = (Actual Output/Design capacity)*100

From the question;

Actual output = 300

Design capacity = 400

Substituting these values in the equation, we have:

= (300/400)*100

= 0.75*100

= 75%

5 0
3 years ago
Online retailers lose approximately 25% of their customers every year. Unfortunately, due to the highly competitive camping gear
suter [353]

Answer:

CLV =  [(GC * r) / (1 + i - r)] - AC]

Explanation:

CLV is the customer lifetime value which is the calculation of net profit during the tenure of relationship with the clients and customers.

The formula for CLV calculation is :

CLV = [(GC * r) / (1 + i - r)] - AC]

Where,

GC is annual gross contribution,

r is retention rate of customers

i is discount rate

AC is Acquisition cost

3 0
3 years ago
What best describes a SCRUM Team​
igomit [66]

Answer: Characteristics Of A Great Scrum Team. ... Within Scrum self-organizing, cross-functional, and highly productive teams do the work: creating valuable releasable product increments. Scrum offers a framework that catalyzes the teams learning through discovery, collaboration and experimentation.

Explanation:

A Scrum Team is a collection of individuals working together to deliver the requested and committed product increments. To work effectively it is important for a Scrum Team that everyone within the team. follows a common goal.

7 0
3 years ago
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