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Anastasy [175]
3 years ago
7

Charles heads the human resource department at technology development company Schultz Inc. There, he monitors trends of the labo

r markets in Schultz's industry. Studying the trends, Charles realizes the company is likely going to need more sources of employees skilled in robotics. He gathers information about the best robotics training programs in the regions where the company operates. Then he applies that information to build connections with selected schools, thereby resolving a recruitment problem before it becomes serious. This scenario illustrates Charles's competency in______________.
Business
1 answer:
MrMuchimi3 years ago
4 0

Answer:

The correct answer is letter "C": critical evaluation.

Explanation:

Critical evaluations are useful to identify weaknesses and strengths in a company. Managers in charge of this task increase the firm's chances to maximize their resources and reduce risk damage. Based on the information collected, several steps are taken towards reaching the organization's objectives or adjusting the firm's plan with the same purpose.

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On June 30, 2021, the Esquire Company sold some merchandise to a customer for $40,000. In payment, Esquire agreed to accept a 5%
EastWind [94]

Answer:

Notes Receivables 40,000 debit

     Sales revenue            40,000 credit

-- to record the sale and the accepted promissory note--

interest receivables 1,000 debit

    interest revenue    1,000 credit

--to adjust for interest at year-end ---

Cash             41,500 credit

  Notes Receivables          40,000 credit

  Interest receivables           1,000 credit

 Interest revenue                    500 credit

--to record the maturity and honor of the note--

If we didn't make the adjusting entr. the 2021 income will be understated by 1,000 and the 2022 overstated by 1000

as we assing the 6 month of interest from 2021 into 2022 accounting period.

Explanation:

We record the sales reveneu for the nominal. over time we are going to accrue interest.

principal x rate x time = interest

we should express rate and time in the same metric, in this case as teh rate is annual we express time in portion of a year (X month / 12)

<u><em>Adjusting entry at year-end</em></u>

40,000 x 5% x  6 /12 = 1,000 interest revenue

<u><em>At maturity:</em></u>

40,000 x 5% x 3/12 = 500 interest revenue

And we have to write-of the note receivable and the interest receivables.

4 0
4 years ago
Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the follow
never [62]

Answer:

210,421 Long-Term Liabilities

Explanation:

We are going to use the accounting equation to solve for long term liabilities

Assets = Equity + Liabilities\\Liablities = short\: term + long\: term

Total Assets

cash 23,015

Account Receivables 141,258

Inventory 213,000

other current assets 11,223

PPE 714,100

goodwill and other assets 78,656

Total Assets 1,181,252

common stock  311,300

retained earnings 512,159

Total equity 823,459

We use he accounting equation to get total liabilities:

1,181,252 - 823,459 = 357,793 Total Liabilities

Now we calcualte the short-term debt

126,257 Account Payable

21,115 short-term Note Payable

Total Current Liabilities  147,372

And with this, the diference between short-term adn total liabilities is the long-term liabilities

357,793 - 147,372 = 210,421 Long-Term Liabilities

7 0
3 years ago
Planning teams are most effective when:
Free_Kalibri [48]
<span>Planning teams are most effective when (C) the group finds common ground on which to build consensus for action. In a team there are different people with different points of view. To bring these people together in an attempt to find what they all like or have in common will help to focus the group's purpose on their goal for planning.</span>
6 0
3 years ago
Benitez Company makes wicker and wooden slat picnic baskets. It requires approximately 1 hour of labor to make one basket of eit
kifflom [539]

Answer:

Assigned cost= $16,080

Explanation:

Giving the following information:

Wicker baskets are produced in batches of 100 units.

Wooden slat baskets are produced in batches of 50.

Setup is required for each batch. During the most recent accounting period, the company made 8,000 wicker baskets and 2,000 wooden slat baskets. Setup costs amounted to $24,000 for the baskets produced during the period.

First, we need to determine the number of batches.

Wicker= 8000/100= 80 batches

Wooden= 2000/50= 40 batches

Proportion of batches= 80/120= 0.67

Assigned cost= 24000*0.67= $16,080

8 0
4 years ago
name some differences between the requirements and responsibilities between volunteer,intern, and paid jobs
DIA [1.3K]

Answer:

The major difference between job shadowing and an internship is that you perform more duties as an intern than as a job shadow participant. Interns are hired for temporary positions, and they can be paid or unpaid. When you have. a job you are bing paid and normally have more responsibilities.

8 0
3 years ago
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