Answer:
A bureaucracy
Explanation:
Bureaucracy is an organisational structure that is aimed at maintaining uniformity and control in an organisation.
This is achieved through established processes and ways of interaction between staff.
Bureaucracy is characterised by multiple layers and complex processes that makes actions and decisions slow.
This is exemplified in the given scenario where XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance between themselves and subordinates, and promotions are awarded based on technical expertise.
Answer:
See below
Explanation:
With regards to the above, Marin's correct September 30, 2016 cash balance is computed below;
Balance as per cash book
$22,340
Add: Error in recording cash receipt
($550 - $500)
$50
Less: Bank service charge
($45)
Less: NSF check
($1,500)
Corrected cash book
$20,845
Answer:
$506,000
Explanation:
The gross profit of a company is the balance left after the deduction of costs associated with producing or selling of the company's goods or cost associated with providing services from the net revenue
The gross profit is simply calculated as
= Net revenue - Cost of goods sold
= $870,000 - $364,000
= $506,000
Therefore, Callie's gross profit is $506,000
Answer:
Explanation:
Attached is a workbook with a schedule of Projected annual cashflow for Snow Inc.. The annual cashflow entries are projected using a rate of 8%. For instance, in the first year, our cashflows are not subject to any projection. But in the second year, the annual revenue of $1400000 is projected using the required rate of return.
Revenue (second year) = 1400000[1+0.08]^1
= 1400000 × 1.08
Revenue = $1,512,000
This technique was used to project the value for all cashflow elements for the rest of the years in consideration.
