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4 years ago

43. What is the difference between formal and informal structure?

1 answer:

5 0

Formal Organization is an organisation in which job of each member is clearly defined, whose authority, responsibility and accountability are fixed. ... Conversely, informal organisation is formed spontaneously by members. Formal organisation is aimed at fulfilling organisation's objectives.

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A wholesaler who takes over the whole marketing job nationally for one or a few manufacturers is called a:__________. a. merchan

Nata [24]

Answer:

e. selling agent.

Explanation:

A selling agent is a person that acts on behalf of businesses to find buyers or sell property or goods.

Therefore, a wholesaler who takes over the whole marketing job nationally for one or a few manufacturers is called a selling agent.

3 0

3 years ago

Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage is $8.25

Goshia [24]

Answer:

tax (5.0%) $___

State income tax (5.6%)

Minus total withholding -$___

Biweekly net pay

Explanation:

and had begun a five year apprenticeship as a machinist. His starting wage ... brainly.com/question/25586250

8 0

3 years ago

Financial data for Stirling Inc. for last year are as follows:

Tom [10]

Answer:

profit margin: 6.04%

Assets turnover: 2.08

ROI 25.89%

Residual Income 137,330

Explanation:

profit margin:

income/sales = 326,480/5,404,000 = 0.060414507 = 6.0414507%

Assets turnover:

$\frac{net \: sales}{average \: assets} \\\\where:\\average \: assets = \frac{ending + beginning}{2}$

(2,561,000 + 2,629,000)/2 = 2,595,000 average assets

5,404,000/2,595,000 = 2.082466281 Assets TO

ROI

$\frac{net \: income}{average \: equity} \\\\where:\\average \: equity= \frac{ending + beginning}{2}$

(1,206,000+1,316,000)/2 = 1,261,000 average equity

326,480/1,261,000 = 25.890563%

Residual Income:

current income - income at desired RoR

That means calculate which income generates a ROI of 15% which is the minimum required return:

ROI = income / equity = 0.15

X/1,261,000 = 0.15

X=1,261,000 x 0.15 = 189,150

Now we calculate the diference between this number and the current income.

326,480 - 189,150 = 137,330 Residual Income

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3 years ago

The balance in Accounts Receivable at the beginning of the year was $ 550 comma 000. The balance in Accounts Receivable at the e

mina [271]

Answer:

$3,400,000

Explanation:

The computation of the credit sales is shown below:

As we know that

Closing balance of accounts receivables = Opening balance of accounts receivables + Credit Sales - Bad debts written off - Cash collected from credit customers

$750,000 = $550,000 + credit sales - $460,000 - $4,060,000

$750,000 = $4,150,000 + credit sales

So, the credit sales is

= $4,150,000 - $750,000

= $3,400,000

Simply we applied the above formula

5 0

3 years ago

drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and entertainment credi

lesya [120]

Travel and Entertainment Credit - Consumers use cards with no interest and non-revolving balance.
Revolving Check Credit - Consumers use prearranged loan using special checks.
Closed-End Credit - Consumers pay off dept and credit is automatically renewed.
Revolving Credit - Consumers take out a loan with a repayment date and have a specific purpose.

<h3>What is meant by Consumer Credit?</h3>

Consumer credit refers to debt incurred by an individual to pay for products and services. An example of consumer credit is a credit card.

Consumer credit might refer to any sort of personal loan, although it is more frequently used to denote unsecured debt that is incurred to pay for regular products and services. Consumer debt can, however, also refer to secured loans like mortgages and auto loans.

Installment credit is given for a predetermined time period and is utilized for a specified purpose.

Open-ended revolving credit is a type of loan that can be applied to any kind of transaction.

To learn more about consumer credit from given link

brainly.com/question/14345325

#SPJ4

4 0

2 years ago