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ryzh [129]
3 years ago
15

Chocorrect, a gourmet chocolate manufacturer, imports the best quality cocoa for its chocolates from the country Jescavia. Howev

er, Jescavia has recently stopped exporting cocoa because of the increase in the demand for cocoa in the country. In the context of changing environments, which of the following does this scenario best illustrate?
A) Discontinuous change
B) Resource scarcity
C) Punctuated equilibrium
D) Buyer dependence
Business
1 answer:
stepan [7]3 years ago
4 0

Answer:

A : Discontinuous Change

Explanation:

Discontinuous Change is the best illustration for this scenario.

Discontinuous Change is an unexpected change that gives a warning to the current or traditional authority or line of command of an industry. The warning lies in the event that an unplanned change can drastically transform the overall running of the business and can execute the pre-existing methods, code of conduct, systems, and operational models unusable just like here a gourmet chocolate manufacturer who imports the best quality cocoa from the country Jescavia but due to sudden increase in demand of cocoa in their own country it discontinues the previous chain of transaction between gourmet chocolate and the country Jescavia.

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The financial records of LeRoi Jones Inc. were destroyed by fire at the end of 2014. Fortunately, the controller had kept certai
Stolb23 [73]

Answer:

LeRoi Jones Inc

Income statement for the year 2014

Sales (100/8 × $100,000)                                                 $1,250,000

Less Cost of Sales

Beginning merchandise                                  $92,000

Add Purchases                                               $481,600

Less Ending merchandise ($92,000 - 20%) ($73,600)  ($500,000)

Gross Profit                                                                         $750,000

Less Expenses :

Sales Discounts                                                  $17,000

Interest expense                                               $20,000

Administrative expenses ($500,000 × 20%) $100,000 ($137,000)

Profit before tax                                                                  $613,000

Income tax expense at 30%                                             ($183,900)

Net Income / Loss                                                              $429,100

Earnings Per Share                                                                 $21.46

Explanation:

Notes on income statement preparation

Use the statistical data to fill in the line items of the Income Statement as shown above.

For the Calculation of Sales, first calculate the administrative expenses. Apply the 8% on the administration cost to find sales at 100%.

Earnings Per Share = Earnings attributable to holders of Common Stock ÷ Weighted Average Number of Common Stock

                                = $429,100 ÷ $20,000

                                = $21.46

8 0
3 years ago
The following are the assets and liabilities of Jill Carlson Realty​ Company, as of January ​31, 2018. Also included are​ revenu
pogonyaev

<u>Complete Question:</u>

Apply the accounting equation; construct a balance sheet) The following are the assets and liabilities of Jill Carlson Realty Company, as of January 31, 2018. Also included are revenue, expense, and selected stockholders' equity figures for the year ended on that date (amounts in millions):

Complete Table is in the attachment given at the end of the answer.

Requirement 1.

Construct the balance sheet of Jill Carlson Realty Company at January 31, 2018. Use the accounting equation to compute ending retained earnings.

<h2>Answer:</h2>

Balance Sheet of Jill Carlson Realty​ Company, as of January ​31, 2018

<h2><u>ASSETS</u></h2>

Current Assets

Cash                                                                          $57.2

Receivables                                                              $0.5

Non Current Assets

Investment Assets                                                     $79.4

Property, Plant and Equipment                                 $1.6

Other Assets                                                          <u>    $9.3    </u>

Total Assets                                                           <u>    $148    </u>

<h2><u>LIABILITIES</u></h2>

Current Liabilities                                                      $2.9

Non Current Liabilities                                          <u>   </u><u>$102.6</u>

Total Liabilities                                                       <u>   $105.5 </u>

<u>EQUITY</u>

Common Stock                                                           $39.2

Closing Retained Earnings (Step1)                         <u>    $3.3   </u>

Total Equity                                                             <u>     $42.5</u>

<u></u>

<u>Step 1: Find Closing Retained Earnings</u>

As we know that:

Closing Retained Earnings = Total Assets - Total Liabilities - Common Stock

Here

Total Assets is $148 million

Total liabilities is $105.5 million

Common Stock is $39.2 million

By putting these values in the above equation, we have:

Closing Retained Earnings = $148 million  -  $105.5 million  -  $39.2 million

Closing Retained Earnings = <u>$3.3 million</u>

7 0
3 years ago
According to recent data, only 36 percent of Uber's current employees are women. How do you think this situation helped perpetua
kozerog [31]

Answer and Explanation:

If we considered the business type that uber begins i.e. lack of the skilled and the experienced professionals. So here we can conclude that with the 36 pf the present employees of the uber that contains women perpetuates with a flawed corporate culture

So as per the given situation, the above represent the explanation and the same should be considered

4 0
2 years ago
Which statements about Section 1231 assets are true? Pick all that apply!!
dem82 [27]

Answer:

The answer is below

Explanation:

Given that Section 1231 assets are a term that is used to describe the real or depreciable trading property acquired for more than a year. For example, landed property, buildings, etc.

Hence, in this case, the correct answer or statement to the question are:

1. If Section 1231 assets are sold and the taxpayer has a realized loss, the loss is a fully deductible ordinary loss

2. If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a potential long term capital gain that may be taxed at favorable capital gains rates but this result often does not occur

4 0
2 years ago
Verizon Corporation's use of a Web-based digital dashboard to provide managers with precise real-time information illustrates wh
rewona [7]

Answer:

B) improved decision making

Explanation:

A company's main objective is to make the rational decision that can help the company achieve its goals in order to capture the dynamics of the market.  

If a wrong decision is made, it can harm the company's image and the situation would get worse, thus making the company profitable by making a good decision.

In case of the real-time information, decision making plays a very important role so that the managers could take the decisions at the specified time.

3 0
3 years ago
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