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RoseWind [281]
3 years ago
9

Sandra Stone, Vice President of International Operations for Global Apparel Corporation, was working with her subordinate, Pete

Thompson, to plan for his upcoming 18-month overseas assignment to the firm's new office in Rome. Based upon her experience with previous failed overseas assignments, she was taking steps to avoid another failure. Therefore, one of the key features of Sandra's plan for Pete was to
Business
1 answer:
SVEN [57.7K]3 years ago
7 0

Answer: develop a reentry plan for Pete prior to the completion of the overseas assignment.

Explanation:

The options to the question are:

A. develop a reentry plan for Pete prior to the completion of the overseas assignment.

B. limit communication to every-other-month status phone calls so as to not micromanage Pete.

C. save costs by avoiding a "look-see" trip for Pete and his family, given Pete's enthusiasm.

D. develop performance measures after Pete had completed his first year.

E. develop the assignment "on the fly" given the uncertainties involved.

From the question, we are informed that Sandra Stone, Vice President of International Operations for Global Apparel Corporation, was working with her subordinate, Pete Thompson, to plan for his upcoming 18-month overseas assignment to the firm's new office in Rome.

We are further told that based upon her experience with previous failed overseas assignments, she was taking steps to avoid another failure. Therefore, one of the key features of Sandra's plan for Pete was to develop a reentry plan for Pete prior to the completion of the overseas assignment. This will help to prevent another failed overseas assignment.

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Prepare the journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares s
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Answer:

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $5 cash per share would be                    

                    Debit       Credit

Cash           $330,000

Common stock             $330,000

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $6 cash per share would be        

                                                             Debit               Credit

Cash                                                    $396,000

Common stock                                                        $330,000

Paid in capital in excess of par value                      $66,000

Explanation:

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $5 cash per share would be as follows:

                    Debit       Credit

Cash           $330,000

Common stock             $330,000

Par values of the share of common stock=$66,000*5

Par values of the share of common stock=$330,000

The journal entry would be prepared by debiting cash and crediting common stock by $330,000

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $6 cash per share would be as follows:

                                                             Debit               Credit

Cash                                                    $396,000

Common stock                                                        $330,000

Paid in capital in excess of par value                      $66,000

cash=66,000*$6

cash=$396,000

Common stock=$66,000*5=$330,000

Paid in capital in excess of par value=$396,000-$330,000=$66,000

4 0
3 years ago
When the cost method is used to account for a stock investment the carrying value of the investment is affected by
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Answer: b. neither the earnings nor the dividends of the investee.

Explanation:

When the cost method is used to account for a stock investment, it means that in the books, the stock is to be recorded at the price it was purchased for.

This means that even if earnings and dividends accrue on the stock, it is not to change in value but should stay being recorded at the price it cost to acquire.

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3 years ago
The most frequent reason that some corporations send their manufacturing operations outside of the united states is to find high
marishachu [46]

To find highly skilled workers who are specialized

5 0
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Using the 4 Cs, we consider a variety of costs associated with the purchase of a product. Cost in the Four Cs model is similar t
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Answer:

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Marketing may be defined as the business or the action of promoting as well as selling products or the services, which includes a market research and the advertising. It is the activity, the organization undertakes to foster promote by buying or by selling a product or a service in the market.

The 4Cs that is used in the concept of marketing is Convenience, Communication, Consumer solution, Cost. They are quite similar to the 4P model of marketing i.e. Place, Promotion, Product, Price. These models are used in marketing to enhance the 'marketing mix'.

4 0
3 years ago
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During 2017 sales on account were $390,000 and collections on account were $230,000. also, during 2017 the company wrote off $22
Scilla [17]

Answer:

[(Accounts receivable at the beginning of the year + $138,000) - $144,000] - cash realizable value at the beginning of the year

Explanation: The question is incomplete but just apply the missing figures: [(Accounts receivable at the beginning of the year + Sales on account - Collections on account - write off) - bad debt] - cash realizable value at the beginning of the year

[(Accounts receivable at the beginning of the year + $390,000 - $230,000 - $22,000) - $144,000] - cash realizable value at the beginning of the year

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