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zhuklara [117]
3 years ago
11

In order to keep up with contemporary demands, organizations have been ____ layers of management and replacing managers with ___

_. Select one: a. Decreasing; teams b. Increasing; teams c. Decreasing; outside consultants d. Increasing; outside consultants
Business
1 answer:
Ray Of Light [21]3 years ago
3 0

Answer:

The correct answer is A. Decreasing; teams.

Explanation:

The most successful organizations are those whose management teams together learn to make things better and better. If the teams of managers want the rest of the company to be innovative, integrated, efficient and customer-oriented, they should set the best example with their actions. People tend to do more what their leaders do than what they say needs to be done.

Teamwork is, in these circumstances, an imperative that must be practiced from the top management of the organization, as it is the key to success to face the new challenges of companies.

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At a sales volume of 40,000 units, Carne Company's sales commissions (a cost that is variable with respect to sales volume) tota
Flura [38]

Answer:

c. $480,930

Explanation:

In this method we applied the unitary method

Given that

Sales volume = 40,000 units

Sales = $492,000

Sales volume = 39,100 units

Sales = ?

So, by considering the given information, the sales for 39,100 units would be

= Sales × updated sales units ÷ last sales units

= $492,000 × 39,100 units ÷ 40,000 units

= $480,930

7 0
3 years ago
Vertical Analysis of Income Statement Revenue and expense data for Searle Technologies Co. are as follows: 20Y8 20Y7 Sales $900,
lara [203]

Answer:

Preparation of income statement is shown below:-

Explanation:

                                   Comparative Income Statement

                                  2018              2018         2017             2017

                              Amount         Percent   Amount       Percent

Sales                    $900,000        100.0%  $725,000 100.0%

Less:

Cost of Goods Sold $558,000 62.0% $435,000 60.0%

Gross Profit (A)      $342,000 38.0% $290,000 40.0%

Selling Expense    $117,000        13.0%      $116,000          16.0%

Administrative

Expense                  $63,000           7.0%      $65,250           9.0%

Total Operating

Expense (B)          $180,000     20.0%  $181,250       25.0%

Income from

Operation (A-B)  $162,000  18.0%        $108,750           15.0%

Less: Income

Tax Expense     $76,500     8.5%       $58,000         8.0%

Net Income         $85,500    9.5%     $50,750             7.0%

Formula for Computation of Percentage :- (Cost of Goods Sold or Gross Profit etc. of particular period ÷ Sales for such period)

6 0
4 years ago
Barbara's Bakery purchased three new 7-year assets last year. She chose NOT to use Section 179 immediate expensing or take bonus
Serggg [28]

Answer:

b. $14,939

Explanation:

Property placed in service in 1st year:  

                                                Amount $

2nd quarter                              15,000

3rd quarter                                6,000

4th quarter                                <u>40,000</u>

Total furnishing at beginning of 2nd Year $61,000

Half Year depreciation rate in 2nd Year  as per Macrs table under "7 years life" assets, the applicable depreciation in the 2nd year is 24.49%

Thus, amount of depreciation expense is allowable in the current (second) year of ownership = $61,000 * 24.49% = $14938.90

6 0
3 years ago
Cakes by Dominic
CaHeK987 [17]

Answer:

One motive that Dominic might have was that he has always wanted to become an entrepreneur and his grandmother wants him to take over the shop for her since his cake-making skills had very much improved since he started. And another motive Dominic had was that there was not a lot of jobs open for him in the area, so he was glad to help.

Explanation:

7 0
3 years ago
Entries and Balance Sheet for Partnership On April 1, 20Y1, Whitney Lang and Eli Capri form a partnership. Lang agrees to invest
11111nata11111 [884]

Answer:

1. April 1, 20Y1

Dr Bank $15,100

Dr Inventory $40,800

Cr Whitney Lang Capital $55,900

April 1, 20Y1

Dr Bank $52,900

Dr Equipment 43,900

Dr Account Receivable $18,700

Cr Account Payable $8,200

Cr Notes Payable 5,000

Cr Allowance for Doubtful $1,300

Cr Eli Capri Capital $101,000

2.CURRENT LIABILITIES $171,400

ASSETS $171,400

3. March 31, 20Y2

Dr Revenue $598,000

Cr Expenses $480,000

Cr Profit & Loss $118,000

March 31, 20Y2

Dr Whitney Lang Capital $40,000

Dr Eli Capri Capital $30,000

Cr Cash $70,000

Explanation:

1. Preparation of the journal entries to record the investments of Lang and Capri in the partnership accounts.

April 1, 20Y1

Dr Bank $15,100

Dr Inventory $40,800

Cr Whitney Lang Capital $55,900

($15,100+$40,800)

( Being Cash and Inventory received from Eric Keene as capital contribution)

April 1, 20Y1

Dr Bank $52,900

($101,000+$1,300+5,000+$8,200-43,900-$18,700)

Dr Equipment 43,900

Dr Account Receivable $18,700

Cr Account Payable $8,200

Cr Notes Payable 5,000

Cr Allowance for Doubtful $1,300

Cr Eli Capri Capital $101,000

( Being Capital Contribution by Renee Wallace in form of Assets, cash and Liabilities)

2. Preparation of a balance sheet as of April 1, 20Y1, the date of formation of the partnership of Lang and Capri.

Balance sheet as on April 1, 20Y1,

Particulars Amount($)

Partners Capital A/c

Whitney Lang $55,900

Eli Capri $101,000

$156,900

CURRENT LIABILITIES

Account Payable $8,200

Notes Payable $5,000

Allowance for doubtful Debts $1,300

TOTAL $171,400

($156,900+$8,200+$5,000+$1,300)

ASSETS

Equipment $43,900

Account receivable $18,700

Inventory $40,800

Cash $68,000

($15,100+$52,900)

TOTAL $171,400

($43,900+$18,700+$40,800+$68,000)

3. Preparation of journal entries to close the revenues and expenses and the drawing accounts at March 31, 20Y2

March 31, 20Y2

Dr Revenue $598,000

Cr Expenses $480,000

Cr Profit & Loss $118,000

( Being Revenue and Expenses posted to Profit & loss A/c)

March 31, 20Y2

Dr Whitney Lang Capital $40,000

Dr Eli Capri Capital $30,000

Cr Cash $70,000

($40,000+$30,000)

( Being Drawing from Capital A/c recorded)

4 0
3 years ago
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