The council of better business bureaus is a national organization devoted to consumer service and ____

Westwick Inc. is an advertising agency. Its employees are allowed to take decisions and work in ways that will help maximize the

Anna35 [415]

Answer:

<em>C) Organizational plurality </em>

Explanation:

Organizational plurality is a working environment in which all representatives are encouraged to collaborate in a way that promotes the gains for the company, clients and themselves.

As with the advertising agency, the employees are given chances to follow their decisions and maximize their experience.

5 0

3 years ago

Which of the following statements regarding horizontal analysis is not true? Multiple Choice a.Percentage analysis involves comp

dalvyx [7]

Answer:

The answer is B In horizontal percentage analysis, a financial statement line item is expressed as a percentage of the previous balance of the same item.

Explanation:

Horizontal analysis of a balance sheet shows changes in individual assets, liability, and equity items over time.

Horizontal analysis of an income statement compares the amount of each item on a current income statement with the same item on an earlier income statement.

Horizontal analysis is used in financial statement analysis to compare historical data, such as ratios, or line items, over a number of accounting periods. Horizontal analysis can either use absolute comparisons or percentage comparisons, where the numbers in each succeeding period are expressed as a percentage of the amount in the baseline year, within the baseline amount being listed as 100%.

4 0

3 years ago

Blossom Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at co

horsena [70]

Answer:

$1,012,696

Explanation:

The computation is shown below:

At Cost method:

Merchandise available for sale is :

= Beginning inventory + Purchases + Fright-in

= $403,500 + $3,608,000 + $169,500

= $4,181,000

At Retail method:

Merchandise available for sale:

= Beginning inventory + Purchases + Markups

= $604,000 + $5,393,600 + $424,000

= $6,421,600

Now

Ending inventory at retail is

= Retail - Markdowns - Net sales

= $6,421,600 - $0 - $4,866,000

= $1,555,600

Now

Cost to retail ratio is

= $4,181,000÷ ($4,866,000 + $1,555,600)

= 65.10%

And finally the ending inventory at cost is

= $1,555,600 × 65.10%

= $1,012,696

8 0

3 years ago

After a sluggish quarter, the Federal Reserve Bank decides to increase the money supply in the economy. When the money-creation

Maslowich

Answer:

20; $1 billion

Explanation:

Given that,

New funds = $20 billion

Required reserve ratio = 5%

Money multiplier:

= 1/Required reserve ratio

= 1/0.05

= 20

Initial money increase by:

= Funds wants to be in the money supply × Required reserve ratio

= $20 billion × 5%

= $1 billion

Therefore, the Fed should initially increase $1 billion in the money supply.

5 0

2 years ago

Account analysis, high-low. Luwak Coffees wants to find an equation to estimate monthly utility costs. Luwak has been in busines

Inessa [10]

Question Completion:

See attached.

Answer:

Luwak Coffees

1. Water bill is fixed. Electricity bill is variable. Telephone bill is mixed.

2. High-Low method:

Water bill = $120 + 0q

Electricity bill = $0.3q

Telephone bill = $140 + $0.02q

where q = the quantity of each cost consumed.

3. Water bill = $120 + 0q

Electricity bill = $0.3q

Telephone bill = $140 + $0.02q

= $260 + $0.32q

4. No solution. There is no relationship with machine hours, employees, and units with utility bills.

Explanation:

a) Data and Calculations:

Month Electricity Bill Kilowatt Hours Used

January $ 720 2,400

February $ 840 2,800

March $1,098 3,660

April $ 810 2,700

May $1,176 3,920

June $1,248 4,160

July $1,044 3,480

August $1,194 3,980

September $1,260 4,200

October $1,230 4,100

November $1,188 3,960

December $1,266 4,220

Telephone Bill $184.

Low cost = Jan $ 720 2,400

High cost = December $1,266 4,220

Low cost = Jan $ 720 2,400

Difference = $546 1,820

Variable cost per unit = $546/1,820 = $0.3 per kwh

Fixed cost, using December's figures:

Variable cost = $1,266

Fixed cost = $0 ($1,266 - 4,220 * $0.3)

Telephone bill:

High, June $197.60 2,880

Low, April 178.20 1,960

Difference $18.40 920

Variable cost = $18.40/920 = $0.02

Fixed cost = Total cost - Variable cost

= $197.60 - (2,880 * $0.02)

= $140

Download docx

4 0

3 years ago

The council of better business bureaus is a national organization devoted to consumer service and _____.