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3 years ago

Interest is the cost of borrowing. a. True b. False

1 answer:

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Interest is defined as the amount paid regularly at an agreed rate for the use of money lent. Depending on the agreement of both parties, interest is for the delayed repayment of a debt. So, to answer the question above: True.

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Factors that can influence the success of a TQM program in a negative way include all of the following, EXCEPT _______. a. tasks

pshichka [43]

Answer:

a. tasks make high-skill demands on employees.

Explanation:

A Total Quality Management program can be defined as an approach used to improve flexibility, effectiveness and competitiveness within an organization.

The philosophy of this approach contains a system that encompasses the organization as an integrated and consistent system, with the participation of people grouped in multifunctional teams, focused on improving management, customer service, training and development that will lead to the continuous improvement of organizational processes. .

Therefore, among the alternatives presented, the one that least fits as a factor that can negatively influence the success of a TQM program is that the tasks demand a lot from the employees, because one of the focus of this approach is the development of skills and abilities of employees in order to generate continuous improvement also of the company's human capital, essential to contribute to the objectives that will generate total quality.

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3 years ago

Describe at least two factors you could consider to help decide how much inventory to keep in stock of a particular item at the

Mkey [24]

Answer:

Determine how much demand there is for the product. Determine the cost of purchasing the product and how much is affordable. Figure out how much profit can be made off of each item and each order.

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2 years ago

A corporation issued 5,000 shares of $20 par value common stock for $120,000 cash. A corporation issued 2,500 shares of no-par c

lapo4ka [179]

Answer:

Journal Entries Transaction

Dr. Cash $120,000

Cr. Common stock $100,000

Cr. Paid-in capital excess of par, Common stock $20,000

Dr. Company expenses $22,000

Cr. Common stock, $1 stated value $2,500

Cr. Paid-in-capital excess of stated value common stock $19,500

Dr. Company expenses $22,000

Cr. Common stock, no-par value $22,000

Dr. Cash $53,250

Cr. Preferred stock, $25 par value $31,250

Cr. Paid-in capital excess of par preferred stock $22,000

Explanation:

1. The Excess of common stock and cash received will be recorded in the Paid in capital in excess of par value, common Stock account.

Common Stock, $20 Par Value = 5,000 shares × $20 per share = $100,000

Paid in capital in excess of par value, common Stock = $120,000 – $100,000 = $20,000

2.The Excess of common stock and cash received will be recorded in the Paid in capital in excess of stated value, common Stock account.

Common stock = $1 x 2,500 = $2,500

Paid-in capital in excess of stated value, common stock = $22,000 - $2,500 = $19,500

4. The Excess of common stock and cash received will be recorded in the Paid in capital in excess of par value, common Stock account.

Preferred Stock, $25 Par Value = 1,250 shares × $25 per share = $31,250

Paid in capital in excess of par value, preferred Stock = $53,250 – $31,250 = $22,000

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2 years ago

Marion Industries has an average accounts receivable turnover ratio of 12 times per year whereas most of its competitors have a

deff fn [24]

Answer:

C. using more liberal credit terms to increase sales

Explanation:

According to the question it is given that the ratio of account receivable turnover has measured that comes 12 times which means it took 30 days

= 365 ÷ 12

= 30.41

= 30 days

But according to the competition, the ratio of account receivable turnover is 8 times so the competitor took 45 days

Therefore the Management of marian would have more liberal credit terms that would increase the sales

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2 years ago

A(n) ___________ distribution strategy distributes a product through only a preferred group of retailers in a given area. intens

hjlf

The answer is selective distribution strategy. This type of distribution strategy focuses more on the products that are distributed are to be given to only specific areas and are only selected by the company or the distributor in which is in lined with the statement given above.

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3 years ago