1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luda [366]
3 years ago
6

The employees of Mapes, Inc. were not happy with the management after a change in the board of directors. The new management did

not put forth any effort to communicate with its employees and the basic needs of the employees were also not addressed. What did the new management fail to do? Maintain employee relations Maintain investor relations Maintain environment relations Maintain customer relation
Business
1 answer:
Evgen [1.6K]3 years ago
4 0

Answer:

Maintain employee relations

Explanation:

Employee relations can be defined as the relationship or cordiality that exists between employers and employees. Also known as industrial relations, employee relations is aimed at getting the employers to interact and provide the necessary environment and incentives to ensure that employees remain committed to their jobs.

From the above question, the lack of employee relations maintenance or employee relation breakdown was responsible for the dissatisfaction of the employees with the new board of directors as the lack of relations did not afford them the opportunity to have their needs addressed.

Employee relations is very important in any organization as it helps to keep the organization running smoothly as a result of the employees' commitment to their jobs and duties.

Cheers

You might be interested in
On January 1, 2020, Martinez Company makes the two following acquisitions. 1. Purchases land having a fair value of $330,000 by
vova2212 [387]

Answer:

Explanation:

a)

Date Account Titles and Explanation Debit Credit

January 1, 2020 Land $360,000.00

Discount on notes payable $246,621.00

Notes payable $ 606,621.00

(To record purchase of land by issuing note payable)

PV of $606,621 discounted at 11% =606,621/(1.11)^5 = $ 360,000

2.

Computation of the discount on notes payable:

Maturity value $560,000

Present value of $560,000 due in 8 years at 11% = $560,000 * 0.43393 = $ 243,000

Present value of $39,200 payable annually for 8 years at 11% annually—$39,200 * 5.14612 = $ 201,728

Present value of the note = $ 243,000 + $ 201,728 = $ 444,728

Discount = $ 560,000 - $ 444,728 = $ 115,272

Date Account Titles and Explanation Debit Credit

January 1, 2020 Equipment $444,728.00

Discount on notes payable $115,272.00

Notes payable $ 560,000.00

(To record purchase of equipment by issuing note payable)

b)

1.

Date Account Titles and Explanation Debit Credit

December 31, 2020 Interest expense ($ 360,000*11%) $39,600

Discount on notes payable $39,600

(To record the interest expense recorded and discount amortized)

2.

Date Account Titles and Explanation Debit Credit

December 31, 2020 Interest expense ($444,728 * 11%) $48,920

Discount on notes payable $9,720

Interest Payable ( $ 560,000 * 7%) $39,200

(To record the interest expense recorded)

7 0
3 years ago
A management accountant who avoids conflicts of interest meets the ethical standard of:
Lilit [14]

A management accountant who avoids conflicts of interest meets the ethical standard of: Integrity.

<h3>What is ethical standard of integrity?</h3>

Ethical standard of integrity is when  is truthful and honest and therefore can be defined  as the way in which a person or an individual  act or behave in way that is inline with the set ethical standard.

Based on the given scenario the accountant  act in accordance with ethical standard of integrity which is why he avoided the conflicts of interest.

Therefore a management accountant who avoids conflicts of interest meets the ethical standard of: Integrity.

Learn more about Ethical standard of integrity here:

brainly.com/question/13383200

#SPJ12

5 0
1 year ago
The intangible assets section of Marigold Corporation's balance sheet at December 31, 2022, is presented here.
fredd [130]

Answer:

Journal entries to record the 2023 amortization expense for intangible assets.

Date        Accounts Titles and Explanation       Debit       Credit

Dec 31     Amortization Expense—Patents         $14,180

              ($71,800*1/10 + $45,000 * 1/9

                + $40,000*1/10*6/12)

                           Patents                                                       $14,180  

               (To record amortization of patents)    

Dec 31     Amortization Expense - Copyrights    $6,335

               ($50,500*1/10 + $257,000*1/50*3/12)

                         Copyright                                                       $6,335

               (To record amortization of copyrights)

5 0
3 years ago
Carla Beverage Company reported the following items in the most recent year. Net income $44,400 Dividends paid 6,720 Increase in
GuDViN [60]

Answer:

$45,780  Operative Cash Flow  

$55,560  Cash Flow Ind Method  

Explanation:

$55,560  Cash Flow Ind Method  

$44,400  Net Income  

$4,350  Depreciation  

-$6,720  Dividends  

-$10,320  Accounts Receivable  

$7,350  Accounts Payable  

$24,690  Notes Payable  

-$8,190  Property and Equipment  

$45,780  Operative Cash Flow  

$44,400  Net Income  

$4,350  Depreciation  

-$10,320  Accounts Receivable  

$7,350  Accounts Payable  

To prepare the statement of cashflow it's necessary to calculate the difference between the balance on each year.

First we need the value of the Net Income and Depreciation of the year as initial value of the cash flow ($55,560+$4,350),  

then we deduct the amount of dividends paid during the year (-$6,720).  

Then we begin to calculate the Assets section, everytime that the Assets are higher than the past year we have to put money  

from the cash flow to compensate the assets increase and vice versa, with exception of the Cash Accounts that we are calculating.

Per Example: Accounts Receivable -$10,250.

Property decreased Cash flow which means that we buy some assets (-$8,190 )

Then with the Liabilities we do the same but in this case an increase in the liabilities means we have more money to our cash flow,

per example, an increase in the accounts payable means that we paid less to our suppliers so we have the money in the cash accounts.  

Per Example: Accounts Payables $7,350.

The Cash provided by the operative activities try to find the cash inflows and outflows caused by the company's operations,  

so it only includes the income statement and from the balance the deviation in the Accounts Payable, Inventories,  

Depreciation and the account payable segment.  

This statement doesn't include Sales and purchases of assets, dividend distributions and financial movements because this are among the  

non operating activities that affect cashflow.  

8 0
3 years ago
You have agreed to loan some money to a friend at a simple interest rate of 150% which is outrageous but still about half of the
Cerrena [4.2K]

Answer:

We give our friend 437.5 dollars

Explanation:

We have to discount from 500 dollar the interest over time, as the 500 is the value our friend will return in 4 weeks ( a month) not the amount received Hence:

nominal x discount rate x time = discount

being rate and time in the same metric

rate is annual so we express time in portion of a year

500 x -1.5 x 1/12 = -62,5‬

We have to discount 62.5 dollar from the nominal

nominal less discount = present value

500 - 62.5 = 437.5

8 0
3 years ago
Other questions:
  • A customer buys a variable annuity and elects a payout option of Life Income with a 20 year period certain. This means that paym
    12·1 answer
  • Which of the following antitrust acts would make it illegal for a board member of Microsoft to sit on the board of Apple?
    11·1 answer
  • Which of the following is a true statement?
    9·1 answer
  • The rise in the number of mini-multinationals means that Group of answer choices there is greater state involvement in industry.
    11·1 answer
  • What components does a business exclude from<br> Operating surplus
    14·1 answer
  • Which of the following best defines self discipline:
    7·1 answer
  • Gains from remeasuring a foreign subsidiary’s financial statements from the local currency, which is not the functional currency
    5·1 answer
  • Garden World uses the retail method to estimate its monthly cost of goods sold and month-end inventory. At May 31, the accountin
    12·1 answer
  • Provide 8 factors that impede business ability of Africans
    5·1 answer
  • Darren has borrowed $100$ clams from ethan at a $10\%$ simple daily interest. meanwhile, fergie has borrowed $150$ clams from ge
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!