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Wewaii [24]
3 years ago
12

The 1998 annual report for Sears shows that, since 1978, it has experienced dramatic changes in the composition of its workforce

. Sears has increased the number of women, blacks, and Hispanics in all job categories, including managerial, technical, and sales positions. This increase is most likely due to the company's _____.
Business
1 answer:
Ad libitum [116K]3 years ago
8 0

Answer:affirmative action program.

Explanation:Affirmative action is an active effort to improve employment or educational opportunities for members of minority groups and for women. Affirmative action began as a government remedy to the effects of long-standing discrimination against such groups and has consisted of policies, programs, and procedures that give preferences to minorities and women in job hiring, admission to institutions of higher education, the awarding of government contracts, and other social benefits.

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At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 901,000 Credit sales 30
Anon25 [30]

Answer:

Please find the detailed answer in the explanation section.

Explanation:

A. 4% of credit sales

Bad Debts Expense is 4% of $301,000

0.04 x $301,000

=$12,040

Adjusting entry

Dec. 31

Dr Bad debt expense $12,040

Cr Allowance for Doubtful allowance $12,040.

B. 2% of total sales

Total sales = cash sales + credit sales

$ 901,000 + $ 301,000

=$1,202,000

Bad Debts Expense is 2% of 1,202,000

0.02x $1,202,000

=$24,040

Adjusting entry

Dec. 31

Dr Bad debt expense $24,040

Cr Allowance for Doubtful allowance $24,040.

C. 7% of year-end accounts receivable.

Unadjusted balance is $5,100

Estimated balance = $8,820(7% of $126,000)

Adjusted balance is $13,920($5,100 + $8,820)

Adjusting entry

Dec. 31

Dr Bad debt expense $8,820

Cr Allowance for Doubtful allowance $8,820

5 0
3 years ago
Which of the following balance sheet equations is​ INCORRECT? A. Assets minus Current liabilities​ = Longminusterm liabilities​
Kipish [7]

Answer:

C

Explanation:

This balance sheet equation is incorrect, Assets minus Current liabilities​ = Longminusterm liabilities

5 0
3 years ago
Read 2 more answers
For a note receivable that was created on November 1, 2018 and is due for repayment on October 31, 2019, what is the time fracti
Alenkasestr [34]

Answer:

Correct answer is A.

2/12

Explanation:

The total time period for which interest will be accrued and will be credited to the interest income account would be for the period November 1,2018 - December 31,2018 i.e 2 months.

5 0
3 years ago
Unscramble the vocabulary word from Chapter 12: yalplor
makvit [3.9K]

Payroll is your answer.

Payroll is a list that have all employees listed on it as well as the amount they were to be paid during a certain amount of time.

~

7 0
3 years ago
The price of coffee rose sharply last month, while the quantity sold remained the same. five people suggest various explanations
Virty [35]
<span>The price of coffee rose sharply last month, while the quantity sold remained the same can be a  result of several situations and therefor there are several explanations that are possible:
</span><span>Demand increased, but supply was perfectly inelastic.
</span><span>Demand increased, but supply decreased at the same time.
</span>Supply decreased, but demand was perfectly inelastic.
5 0
3 years ago
Read 2 more answers
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