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sasho [114]
4 years ago
6

Tidwell Company has provided the following partial comparative balance sheets and the income statement for 20X2.

Business
1 answer:
VARVARA [1.3K]4 years ago
3 0

Answer:

here for points

Explanation:

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Providing a great shopping experience to customers is one of the important objectives of Purple Fashions Inc., a clothing store.
Aleks04 [339]

Answer:

Organizational effectiveness

Explanation:

Organizational effectiveness is the process by which an organization is effective at achieving its required goals and objectives. The principles by which an organization can achieve its objective are:

1) Leadership: the manager must define key objective an execute them daily in other to achieve high productivity.

2) Communication: the manager must ensure that his or her message is understood consistently in other to achieve outstanding results.

3) Accountability: the manager must ensure that his or her employees are well disciplined and has the ability to learn new things.

4) Measurement: the manager must be able to measure the work progress to know if the organization is running at a profit or loss.

8 0
3 years ago
Concord Corporation had net sales of $2,409,400 and interest revenue of $38,100 during 2020. Expenses for 2020 were cost of good
andriy [413]

Answer:

Explanation:

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.  

The calculation is shown below:

= Net Sales + interest revenue- cost of good sold -  administrative expense - selling expenses - interest expense - income tax expense

where,  

Income tax expense = (Net Sales + interest revenue- cost of good sold -  administrative expense - selling expenses - interest expense) × income tax rate  

= ($2,409,400 + $38,100 - $1,463,800 - $222,000 - $286,700 - $48,900) × 30%

= $426,100 × 30%

= $127,830

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

4 0
4 years ago
I was working on a trading desk. One year, my team did not make its number, which meant no bonuses and maybe even some of us wou
Elodia [21]

The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.

<h3>What is meant by ethical trap?</h3>

This is the term that has to do with the circumstances that may lead an individual to do away with the core values and the principles that they have. The trap here is that I may lose my job or may not have any bonus but accepting is going against the ethics and the values that I may hold special.

What should have been in this situation would have been to come clean in the first place so as to avoid going against ethics and the principles of the profession. The best way to do this would be to go to the head of division and explain the situation at hand to him.

Hence we can say that The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.

Read more on ethics here:

brainly.com/question/13969108

#SPJ1

6 0
2 years ago
n the context of the strategies for selecting target markets, which of the following is a disadvantage of undifferentiated targe
algol [13]

Answer:

The correct answer is  b. It makes a company more susceptible to competitive inroads.

Explanation:

Market segmentation is essential to know how is the public that makes up the market in which we are. There are a number of advantages and disadvantages of market segmentation that you should keep in mind, before venturing into such a study for your company.

Errors when establishing the segment

The first and main disadvantage of including market segmentation techniques is the wrong selection of a segment.

Keep in mind that if the company chooses a wrong market fraction, too small or irrelevant for the company's business, then the business will find it difficult to market its product.

Commercial Saturation Issues

Another drawback derived from this strategy is to enter a market segment in which there is strong competition and saturation. When we are about to create a company or product we must take into account the development possibilities we have in that market.

3 0
3 years ago
A firm in the market for designer jeans has some degree of monopoly power. The demand curve it faces has a price elasticity of d
natali 33 [55]

A rule of thumb is used to determine if the monthly rent earned from a piece of investment property will exceed that property's monthly mortgage payment.

Using the rule of thumb pricing the profit-maximizing price of a monopoly firm is = P = MC/1+(1/Ed)

Ed is the elasticity of demand for a firm, not the market. So,

Ed = -3.P = $50/1+ (1/(-3)) = $50/(1-1/3)p = 50/(2/3 ) = $75 dollar.

Monopoly power (also known as market power) refers to the ability of a company to charge a price higher than its marginal cost. Monopoly power usually exists when demand is less elastic and barriers to entry are large.

There are three main sources of monopoly power: (1) price elasticity of demand (Ed), (2) number of companies in the market, and (3) interaction between companies. The price elasticity of demand is the most important determinant of market power for price rules: L = (P – MC) / P = -1 / Ed.

Learn more about monopoly power here: brainly.com/question/13113415

#SPJ4

8 0
2 years ago
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