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Furkat [3]
3 years ago
9

Identify the mission and strategy of your automobile repair garage. What are the manifestations of the 10 OM decisions at the ga

rage? That is, how is each of the 10 decisions accomplished?
Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer:mission and vision of the garage

Explanation: Mission — Provide excellent, on time service at a reasonable price Strategy — keep cost down by employing only the people you need Order parts when needed Advertise for business through word of mouth, fends, and referrals. 1- Goods and services design — prices are set on a per hour shop labour basis determined by a preset formula 2- Quality — certification is required to be employed at the shop Poor labour could negatively impact the reputation of the business 3- Process and capacity design — Business is laid out for the day by the shop manager, and done so on a per job basis Those jobs taking the longest will be started earliest in the morning 4- Location selection — The shop was chosen in a pre-existing building, on a busy street with lots of passing traffic for high exposure 5- Layout design — The layout of the work area is designed for easy access to tools and other necessity.

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A phone caller becomes irate and demands to speak to your boss, saying, "I know she wants to be interrupted to speak to me!" You
Degger [83]
I believe that in such a situation, the thing you should do is say: Mrs. Wilson can't be contacted now, but I will give her your name and number as soon as possible.
That way you won't interrupt your boss, and you will give a polite answer to the person calling.
7 0
3 years ago
Farmland Corporation issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was
Stells [14]

Answer:

Please see journal entries below

Explanation:

The entries below are made in the books of Farmland Corporation, the issuer of the bond.

Upon redemption, journal entries would be as follows.

Debit: Bond Account $396,000 (cash paid to bond investors)

Credit: Cash/Bank Account $396,000 (cash paid to bond investors)

Debit: Profit/Loss Account $8,000 (premium paid over carrying value of bond, calculated below: )

Credit: Bond Account $8,000 (premium paid over carrying value)

Premium over carrying value is calculated as follows:

Redemption value - carrying value

= (\frac{redemption price}{carrying price} *face value) - carrying value

=(\frac{99}{100} *$400,000) - $388,000

= $396,000 - $388,000

= $8,000

3 0
3 years ago
On January 1, 2021, the Montgomery Company agreed to purchase a building by making six payments. The first three are to be $37,0
ki77a [65]

Answer:

cost of the building = $183,331.14

Explanation:

we have to calculate the present value of all the future annual payments using the 11% discount rate:

$37,000 x 2.4437 (PVIFA, 11%, 3 periods) = $90,416.90

($52,000 x 2.4437) / (1 + 11%)³ = $92,914.24

total present value = $183,331.14

7 0
2 years ago
Research on conflict and teams suggests that conflict is bad for a team and that it will inevitably bring the team down and caus
ololo11 [35]

Answer:

b. false

Explanation:

While conflict is an indicative source of disagreement on the team, it will not necessarily be bad for the team or bring it down and cause it to get out of control and out of the way.

Research indicates that if there is effective conflict management in teams, this can be an important source in their development and innovation, being noticeable as a constructive conflict, where there is positive reflection and debate on differences in work, for example, which can culminate in more creative solutions, greater participation of members, greater capacity for tolerance and determination to deal with conflicts and overcome them in order to achieve the team's goals.

5 0
2 years ago
The following transactions occurred during 2021 for the Beehive Honey Corporation: Feb. 1 Borrowed $25,000 from a bank and signe
Rom4ik [11]

Answer: Please see answers in explanation column

Explanation:

1.The Journal entries are as follows

1. To record amount borrowed

Date account title        Debit                            Credit

Feb 1   Cash                           $25,000

         Notes payable                                                $25,000

 

2. To record prepaid insurance

Apr 1 Prepaid insurance         $6,200

                  Cash                                                             $6,200

 

3. To record supplies purchased

July 17 Supplies                         $4,100

         Account payable                                                       $4,100  

4 To record money lent to customer

Nov 1 Notes receivable                   $9,900

             Cash                                                                         $9,900

2)Adjusting entry    are as follows

1.To record accrued interest

Date account title               Debit                         Credit

Dec 31 Interest expense       $2,750

            Interest payable                                                 $2,750

Calculation

Interest expense = principal x rate x period

$25,000 x 12% x 11/12 = $2,750

 

2)To record insurance expense

Date account title               Debit                         Credit

Dec 31 Insurance expense $2,325

Prepaid insurance                                                                  $2,325

Calculation

Insurance expense = amount on insurance x period

$6,200 x 9/24=$2,325

3.To record supplies expense

Dec 31 Supplies expense                 $2,200

                       Supplies                                                       $2,200

Calculation

Amount purchased - amount remaining on   hand

=$4,100 -$1,900=$2,200

4. To record interest  received from customer

Dec 31 Interest receivable        $165

             

                Interest revenue                                                        $165

Calculation

Interest receivable  = principal x rate x period(Nov-DEC )

$9,900 x 10% x 2/12 = $165

7 0
3 years ago
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