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hichkok12 [17]
3 years ago
15

What is lean six sigma all about?

Business
1 answer:
Anarel [89]3 years ago
5 0

Answer:

A method that relies on a collaborative team effort to improve performance by systematically removing waste and reducing variation.

Explanation:

You might be interested in
Stu purchased six put options on XY stock with a strike price of $45 and an option price of $2.60 per share. The option expires
marta [7]

Answer:

$100

Explanation:

A put option gives you the right to sell a stock at a specific strike price. In this case, the strike price is $45 per share and the market price of each share is $41.40.

The profit made with this investment = [($45 - $41.40) - $2.60] x 100* = $ x 100 = $100.

*Each option consists of 100 shares.

3 0
4 years ago
Chapman Company obtains 100 percent of Abernethy Company’s stock on January 1, 2020. As of that date, Abernethy has the followin
kobusy [5.1K]

The consolidation worksheet entries for December 31, 2020, and December 31, 2021 is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

<h3> Consolidation worksheet entries </h3>

December 31, 2020

Entry S

Debit Common Stock -Abernethy                           $250000

Debit  Additional paid-n capital – Abernethy           $50,000

Debit Retained earnings                                           $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                               $731,110

(Elimination entry for Abernethy common stock)

Entry A          

Debit Goodwill                                             $107,510

Credit Investment in Abernethy                                            $107,510

($731,110-$250,000+$323,600+$50,000)

(To recognize excess acquisition cost as goodwill)

Entry I            

Debit Equity in Earnings of Subsidiary      $129,000

Credit Investment in Abernethy                           $129,000

(Elimination entry for inter-company income for 2020)

Entry D          

Debit Investment in Abernethy                    $16,000

Credit Dividends paid                                               $16,000

(Elimination of inter-company dividend payments)

Entry E            

No Journal Entry Required

(Unamortized goodwill under the partial equity method)

Entry C          

No Journal entry required

(Goodwill unamortized)

December 31, 2021

Entry S

Debit Common Stock – Abernethy                         $250,000

Debit Additional-Paid-in Capital –Abernethy         $50,000

Debit Retained Earnings –Abernethy                        $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                             $731,110

(Elimination entry of beginning stockholder’s equity balances of Subsidiary)

Entry A

Debit Goodwill                                                         $145,000

Credit Investment in Abernethy                                $145,000

(To record goodwill balance)

Entry I

Debit Equity in Earnings in Subsidiary                   $176,000

Credit Investment in Abernethy                                $176,000

(Elimination of inter-company accrual for the year 2021)

Entry D

Debit Investment in Abernethy                                $38,000

Credit Dividends Paid                                               $38,000

(Elimination of inter-company dividend payments)

Entry E            

No journal entry is required

Therefore the entries is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

Learn more about  Consolidation worksheet entries here:brainly.com/question/15128084

#SPJ1

4 0
3 years ago
The idea that externalities arise because something of value has no price attached to it is associated with
Darya [45]

Answer: public goods and common resources

Explanation:

Externality is the consequence of a producer's or consumer's action on a third party which did not partake in the action.

The idea that externalities arise because something that is valuable has no price attached is associated with the public goods and the common resources. The provision of public goods such as good roads, defence will lead to positive externalities, while the use of common resources such as fish in the river or the environment will lead to negative externalities e.g polluting the environment will give rise to a negative effect on a third party.

4 0
3 years ago
A flood destroyed a company’s warehouse contents on September 12. The following information was the only information that was sa
anygoal [31]

The estimated cost of lost inventory = $4552.1

Explanation:

The cost of lost inventory = inventory,begining+purchases of the period-((1-avg gross profit ratio)(sales for the period-returns for the period))

The cost of lost inventory=$29900+$18900-((1-0.21)($56900-$890))

                                         =$48800-((0.79)(56010))

                                         =$48800-(44247.9)

                                         =$4552.1    

The estimated cost of lost inventory is $4552.1

6 0
4 years ago
A mass of warm, moist air rises through the atmosphere. Then clouds form in the air mass as its temperature decreases. How does
KonstantinChe [14]

The difference in humidity is what causes the clouds to form disperse and to rain down.

Explanation:

When there is more humidity it means that there are more water droplets in the air.

This means that these water droplets can join with small particles in the air and form clouds around themselves.

These clouds go up in the air and get cooled down and condense so they then become clouds but they also become heavy because they are cold.

Now that they are heavy they begin to come down and the difference of humidity down below makes it warmer and then the clouds fall with the rain and the process begins again.

8 0
4 years ago
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