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3 years ago

It is unethical to ask employees to work longer hours to get a project completed on time.

1 answer:

5 0

No. There are times where some projects are so important that they need to be finished as soon as possible. You have to make sure that employees will be compensated for their work when they do so. Make sure that the company follows proper guidelines in doing overtime.

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Suppose you own a restaurant were does the revenue come from

son4ous [18]

Revenue per hour of labor

8 0

3 years ago

Difference between relevant information and additional information

dybincka [34]

Answer: Relevant information is information that is important or needed in order to understand the topic in a given passage. Additional information is information that is not needed or unnecessary in the paragraph (it is extra information).

Explanation:

7 0

3 years ago

The practice of setting the selling price below cost with the intent to drive competitors out of business is: 28) A) target pric

Dmitrij [34]

Answer:

The correct answer is letter "B": predatory pricing.

Explanation:

Predatory pricing refers to companies setting prices below the average level in an attempt to wipe out competition. In the beginning, consumers may benefit from the low prices but after the competition has disappeared, the predatory company raises the prices, but, in this scenario, consumers do not have substitutes from where to choose. The predatory company became a monopoly.

Predatory pricing practices are forbidden by the Federal Trade Commission (FTC) in the U.S.

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3 years ago

1. Monroe Company owns 40% of the voting stock of Nartal Industries, acquired at book value. Nartal reports income of $600,000 f

lesya692 [45]

Answer:

A. $230,400

Explanation:

600,000 x 40% = 240,000

260,000 - 156,000 = 104,000 transfers of goods intra-entity at sale price

we divide by the markup to know the cost:

104,000 / 1.3 = 80,000 cost of the goods

gross margin 104,000 - 80,000 = 24,000

we will eliminate 40% of the gross margin

24,000 x 40% = 9,600

This amount will be eliminate from the incoem statemnet:

240,000 - 9,600 = 230,400

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3 years ago

Entries for Uncollectible Accounts, using Direct Write-Off Method Journalize the following transactions in the accounts of Arrow

ziro4ka [17]

Answer:

Arrow Medical Co.

Journal Entries:

Jan. 19: Debit Accounts Receivable (Dr. Sinclair Welby) $52,800

Credit Sales Revenue $52,800

To record the sale of goods on account.

Debit Cost of goods sold $28,500

Credit Inventory $28,500

To record the cost of goods sold.

July 7: Debit Cash $15,300

Credit Accounts Receivable (Dr. Sinclair Welby) $15,300

To record the receipt on account.

Debit Bad Debts Expense $37,500

Credit Accounts Receivable (Dr. Sinclair Welby) $37,500

To write-off the balance on account as bad debts.

Nov. 2: Debit Accounts Receivable (Dr. Sinclair Welby) $37,500

Credit Bad Debts Expense $37,500

To reinstate and reverse the bad debts written off.

Debit Cash $37,500

Credit Accounts Receivable (Dr. Sinclair Welby) $37,500

To record the receipt on account.

Explanation:

a) Data and Analysis:

Jan. 19: Accounts Receivable (Dr. Sinclair Welby) $52,800 Sales Revenue $52,800

Cost of goods sold $28,500 Inventory $28,500

July 7: Cash $15,300 Accounts Receivable (Dr. Sinclair Welby) $15,300

Bad Debts Expense $37,500 Accounts Receivable (Dr. Sinclair Welby) $37,500

Nov. 2: Accounts Receivable (Dr. Sinclair Welby) $37,500 Bad Debts Expense $37,500

Cash $37,500 Accounts Receivable (Dr. Sinclair Welby) $37,500

6 0

3 years ago