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3 years ago

8. Exam. Semester Exam

Business

1 answer:

Black_prince [1.1K]3 years ago

5 0

Answer:

D. The formation of a labor union

Explanation:

The formation of a labor union will likely lead to an increase in wages because of two main reasons:

Labor unions engage in collective bargaining with employers, and this negotiations usually result in higher wages.
Labor unions often restrict the labor supply that enters a particular market: they only allow unionized workers to get the jobs of the industry, and/or keep the labor supply artificially low in other to push wages to rise. This is because, the fewer workers in an industry, the scarcer they are, and the higher their wages become.

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At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 908,000 Credit sales 30

Ratling [72]

Answer:

1. Dr Bad debts expense $9,240

C Allowance for Doubtful Accounts $9,240

2. Dr Bad debts expense $12,160

Cr Allowance for Doubtful Accounts $12,160

3. Dr Bad debts expense $13,780

Cr Allowance for Doubtful Accounts $13,780

Explanation:

Preparation of the adjusting entry to record bad debts expense assuming uncollectibles

1. Dr Bad debts expense $9,240

C Allowance for Doubtful Accounts $9,240

(308,000*3%)

2. Dr Bad debts expense $12,160

Cr Allowance for Doubtful Accounts $12,160

[(908,000+308,000)*1%]

3. Dr Bad debts expense $13,780

Cr Allowance for Doubtful Accounts $13,780

[($ 133,000*6%) + 5,800]

6 0

3 years ago

Carly knows that according to ________, if she administers positive reinforcement or avoidance learning, her employees will tend

Yuri [45]

Answer:

Law of effect

Explanation:

This law was developed by Edward Thorndike

When Responses are followed by satisfaction, it causes people to become more attached to a situation. This is likely going to cause these people to continue doing things as they are doing them now. This is why if Carly uses positive reinforcement, her employees will do their jobs same way they are doing it now.

Conversely, if the situation is followed by discomfort, that is she uses punishments or extinction, the

employers will disconnect themselves from doing their jobs the same way they have been doing it.

7 0

3 years ago

Read 2 more answers

On January 1, 2020, Sandhill Co., a calendar-year company, issued $1044000 of notes payable, of which $261000 is due on January

Maslowich

Answer:

Current liabilities, $261,000; Long-term Debt $783,000

Explanation:

Based on the information given we were told that the company issued the amount of $1044000 of notes payable in which the amount of $261000 was due on January 1 for each of the next 4 years based on this the proper balance sheet presentation on December 31, 2020 will be:

Current liabilities $261,000

Long-term Debt $783,000

($1044000-$261000)

Therefore The proper balance sheet presentation on December 31, 2020, is:Current liabilities, $261,000; Long-term Debt $783,000

5 0

3 years ago

When a firm tries to place its products or services in as many outlets as possible, the density of distribution is referred to a

kompoz [17]

<span>This is intensive distribution. This marketing strategy allows the company to get its product to as many customers as possible. This is in contrast to selective or exclusive distribution methods, in which a company tries to be specific about the markets and persons who are targeted by the product.</span>

5 0

4 years ago

Zilly Co. predicts sales of $176,000 for June. Zilly pays a sales manager a monthly salary of $6,900 and a commission of 7% of t

Naddik [55]

Answer:

Preparation of selling expenses is below

Explanation:

The preparation of selling expense budget for the month of June is shown below:-

Zilly Co.

June

Sales budgeted $176,000

Commission of sales in percentage 7%

Sales Commission $12,320

Add: Monthly salary of sales manager $6,900

June Selling expenses $19,220

Note :- For computing the Monthly salary of sales manager we multiply Sales budgeted with commission of sales in percentage.

7 0

3 years ago