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MAXImum [283]
3 years ago
11

Jack just learned that several people in Arizona became ill from the peanut butter that was produced and jarred in his plant. As

he walks the back stairs at the plant, he ponders, "It's time to get the informal organization in on this. We've got to stop this in its tracks!" Jack is taking the right approach to solving this serious problem.a. Trueb. False
Business
1 answer:
nikklg [1K]3 years ago
4 0

Answer:

The correct answer is letter "B": False.

Explanation:

In front of the case that people are becoming ill after consuming peanut butter produced and jarred in Jack's plant, he should take steps to reach the affected population to find out what he can do to help them. There must be proof that Jack's peanut butter is affecting them people for him to begin providing <em>restitution</em>. Otherwise, the affected population can gather to jointly sue Jack which is potentially dangerous for his business. Besides, he should make a research to verify if the peanut butter that is still being offered can harm others so he can withdraw them from the market.

Going into an informal organization would only worsen Jack's situation.

You might be interested in
When using the analysis of receivables method for estimating uncollectible receivables, the amount computed in the analysis is u
kirill115 [55]

Answer:

A) True

Explanation:

When you use the analysis of receivables method for estimating uncollectible receivables you will use the age of the accounts receivables in order to determine whether or not they should be considered bad debt. Usually the company establishes a threshold, e.g. 6 months, and all the accounts receivables that have not been collected by that threshold are classified as estimated bad debt.

Under this method, estimated bad debts should equal the adjusted balance for allowance of doubtful accounts.

6 0
3 years ago
Management is considering a one-time-only special order. There is sufficient idle capacity to fill the order without affecting a
Anna [14]

Answer: A) absorption costing unit product costs

Explanation:

Absorption costing is the costing convention that is used when fixed costs need to be apportioned to the production of goods and services.

When a company has idle capacity, any production done using that idle capacity would incur no fixed costs because the fixed costs for the entire capacity, both idle and non-idle have been covered already as fixed costs are charged on the entire company capacity.

Absorption costing is therefore not relevant here as the company will use its sufficient idle capacity that has already incurred fixed costs.

6 0
3 years ago
Mattel Inc.’s 2016 financial statements show operating profit before interest and tax of $519,233 thousand, net income of $318,0
zhuklara [117]

Answer:

22.38%

Explanation:

Given that,

Operating profit before interest and tax = $519,233

Net income = $318,022 thousand

Provision for income taxes = $91,720 thousand

Net non-operating expense before tax = $109,491 thousand

Mattel’s statutory tax rate for 2016 = 37%

Income before income tax:

= Net Income + Provision for income taxes

= $318,022 Thousand + $91,720 Thousand

= $409,742 Thousand

Effective tax rate:

= (Provision for Income taxes ÷ Income before tax) × 100

= ($91,720 Thousand ÷ $409,742 Thousand) × 100

= 0.2238 × 100

= 22.38%

8 0
3 years ago
How did the pressure change from when it was your turn to be a leader, than when you were just a supporting member? (Take your t
o-na [289]

Answer with Explanation:

The pressure changed a lot when I became a leader. I was expected to supervise my group members and assign them the tasks they have to perform. I gave them a<u><em> sense of direction</em></u>, particularly, towards the group's goal. I was<em> pressured to meet the targets expected from us</em>, and I always put my effort at its best for<u><em> fear of failing or becoming a failure to the group</em></u>. I needed to do things in a <em>calm fashion</em>, so I could inspire my members and be a better role model for them.

When I was just a<em> supporting member,</em> I didn't really mind about which direction my group should take, so the pressure from stress wasn't a big deal. I was very laid back because I just needed to perform what was asked of me by our leader. No one was constantly looking upon me, thus, I didn't feel like I really needed to do my best.

7 0
2 years ago
Spencer Co. decides to establish a petty cash fund with a beginning balance of $200. The company decides that any purchase under
miv72 [106K]

Answer:

Explanation:

The journal entry is shown below:

Petty cash A/c $200

            To Cash A/c $200

(Being the petty cash fund is established)

Simply we debited the petty cash account and credited the cash account so that the correct posting can be done with the correct item and the correct value.

All other information which is given is not relevant. Hence, ignored it

4 0
3 years ago
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