Before going on his first business trip to China, Albert asked his Chinese American friend to advise him on customs and values common among the Chinese businesspeople he will likely encounter. Albert is trying to avoid Cultural business blunders.
The term "business culture" refers to the collection of norms that may be seen in a company's behavior and operations, including its goals, codes of conduct, rules, procedures, ethics, and values.
A notable example of a company culture is found at Netflix, where the phrase "people over procedure" serves as the organization's guiding principle. Netflix outlines its company principles in its statement on corporate culture. These values include judgment, communication, curiosity, courage, passion, selflessness, innovation, inclusivity, integrity, and impact.
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Answer:
Ending inventory= 30,000
Explanation:
Giving the following information:
Its beginning inventory is $70,000, goods purchased during the period cost $240,000, and the cost of goods sold for the period is $280,000.
The ending inventory is the cost of the units remaining at the end of the period.
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
280,000= 70,000 + 240,000 - ending inventory
ending inventory= 70,000 + 240,000 - 280,000
Ending inventory= 30,000
Answer:
2.20
Explanation:
The company's debt ratio equals: 2.20
