Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.

BusCorp wants to introduce a new procedure to improve how customer requests are handled. This change will require employees to b

serg [7]

Answer:

E)Employee involvement

Explanation:

Employee involvement can be regarded as taking part of employees in decision-making process that are crucial to the organization, so that the goals of the organization are met. When employees there is involvement of employees in making decisions, there will be some professional as well as personal stake gained by the employee in the organization as well as the organization overall success. As a result of this there would be increased productivity in part of employees because they will take part actively in various aspects that will bring about success of the firm.

8 0

3 years ago

Orange juice, a raisin bagel, and a cup of coffee from Kelly's Koffee Kart cost a total of $2.40. Kelly posts a notice annou

Hoochie [10]

Answer:

orange juice 0.80 dollar

Bagel 1 dollar

coffe 0.60 dollar

Explanation:

We construct the equation system:

$\left \{ {A+B+C = 2.40} \atop {1.5A+1.2B+C = 3}} \right.$

We subtract one from another to get an expression without C:

1.5A+1.2B+C - (A+B+C) = 3 - 2.40

0.5A + 0.2B = 0.6

Then, we solve in the first part to express B as an expression of A

considering the coffe is worth half of the new cost of A

C = 1.5A / 2 = 0.75A

A + B + C = 2.40

A + B + 0.75A = 2.40

B = 2.40 - 1.75A

And now we replace in the other expression to get A:

0.5A + 0.2(2.40 - 1.75A) = 0.6

0.5A - 0.35A + 0.48 = 0.60

0.15A = 0.12

A = 0.12/0.15 = 0.8

Now we solve for C:

C = 0.75A = 0.6

Last, for B:

A + B + C = 2.40

0.8 + B + 0.6 = 2.40

B = 2.40 - 0.8 - 0.6 = 1

8 0

2 years ago

The oil price shocks of 20062009: Between 2006 and the middle of 2008, oil prices rose sharplyfrom around $60 to more than $140

dolphi86 [110]

Answer:

A supply shock is an unpredictable incident that changes the supply of a product or a service, subsequent in an unexpected modification in its value. Supply shocks can be undesirable (decreased supply) or optimistic (increased supply)

(a) The two types of shock which are:

Primarily the growth in oil values is a negative supply shock causing from a decline in supply of oil
The reduction in oil charges is a Positive supply shock causing from a growth in supply of oil.

(b) If the charges of oil increases as in case (i) that will push companies’ prices and thus decrease SRAS. The new equilibrium will be established at a inferior level of output and higher charge level. This is reflected in the diagram attached.

In the case (ii), the opposed of this will occur. The SRAS will rise shifting the SRAS rightward and carry about a new equilibrium at upper level of output and lesser prices.

6 0

3 years ago

For February, sales revenue is $900,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e

FinnZ [79.3K]

Answer:

Option A

Total selling expenses for the month of February=$245,600

Explanation:

<em>The selling expenses include all the expenditure incurred in respect of activities revolving around the marketing and distribution of goods to the final consumer.</em>

<em>These expenditures may be fixed or variable in nature</em>

DATA

Sales revenue - $900,000;

Sales commission - 5%× 900,000 = 45000

Sales manager salaries - 96,000

Advertising expenses - 80,000

Shipping expenses - 2% × 900,000 = 18000

Miscellaneous selling expenses = 2100 + (1/2× 1%× 900,000) =6600

Total selling expenses for the month of February

= 45000 + 96,000 + 80,000+ 18000 + 6600 = $245,600

Total selling expenses for the month of February=$245,600

6 0

2 years ago

The Austin Land Company sold land for $85,000 in cash. The land was originally purchased for $65,000. At the time of the sale, $

kompoz [17]

Answer:

The sale implies:

Reduction in asset-land by $65000

An increase in asset cash by $85000

An increase share capital by $20,000

The payment of mortgage means:

decrease in liability by $40,000

decrease in asset by $40,000

Explanation:

First of all, the sale of the land means a decrease in a non-current asset, land by $65,000 as well as an increase in a current asset cash by $85,000 while balancing amount of $20,000, gain on sale of land would increase retained earnings and ultimately share capital equity.

The payoff of loan of $40,000 reduces long-term liability mortgage by $40,000 and also reduces current asset , cash by the same amount, in other words asset and liability reduce by $40,000 simultaneously.

6 0

3 years ago