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Firlakuza [10]
2 years ago
8

At Corpceton, a plastic products manufacturing company, two to three newly hired machine operators are assigned to senior machin

e operators who train them for a few weeks. After the trainees complete three months of probation in the company, each of them is given a machine to operate on. In the context of training methods, this scenario best illustrates _____.
Business
1 answer:
Neporo4naja [7]2 years ago
7 0

OPTIONS:

a) on-the-job training

b) refresher training

c) sensitivity training

d) vestibule training

Answer:

a) on-the-job training

Explanation:

On-the-job training is a job training method which involves exposing new employees to the actual job skills as they are trained on the job skills while they perform the real job they are hired to do. This ensures the buildup of the capacity of the trainee, which makes them efficient in adopting the skills needed for them to perform their job satisfactorily. It is a kind of training new employees usually go through while on the job.

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On January 1,2016, the Ruffin Corporation issued $40,000 par value, 4%, four-year bonds that mature on December 31, 2019. Ruffin
Sergeu [11.5K]

Answer:

Face Value of the Bond = 40000

Effective Interest = 4%

Coupon rate = 4%

Years to Maturity = 4

Quarterly Coupon rate = 1%

No. of compounding periods = 16

Present Value of Face (40000*.85282)                       $34,112.85

Present Value of Interest Payments (800*14.7179)      <u>$5,887.15</u>

Total                                                                                $40,000.00

Face Value of Bond                                                       <u>$40,000.00</u>

Initial Amount of Discount/(Premium)                           <u>$0.00         </u>

Note: As the bonds are issued at par, there is premium or discount.

7 0
3 years ago
Latona Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledge
Georgia [21]

Answer:

May 1

Dr Inventory $4,200

Cr Accounts Payable $4,200

May 2

Dr Accounts Receivable $2,100

Cr Sales Revenue $2,100

Dr Cost of Goods Sold $1,300

Cr Inventory $1,300

May 5

Dr Accounts Payable $350

Cr Inventory $350

May 9

Dr Cash $2,079

Cr Sales Discounts $21

Accounts Receivable $2,100

May 10

Dr Accounts Payable $3,850

Cr Inventory $77

Cr Cash $3,773

May 11

Dr Supplies $350

Cr Cash $350

May 12

Dr Inventory $1,400

Cr Cash $1,400

May 15

Dr Cash $150

Cr Inventory $150

May 17

Dr Inventory $1,300

Cr Accounts Payable $1,300

May 19

Dr Inventory $140

Cr Cash $140

May 24

Dr Cash $3,500

Cr Sales Revenue $3,500

Dr Cost of goods sold $2,100

Cr Inventory $2,100

May 25

Dr Inventory $620

Cr Accounts Payable $620

May 27

Dr Accounts Payable $1,300

Cr Inventory $26

Cr Cash $1,274

May 29

Dr Sales returns and Allowances $70

Cr Cash $70

Dr Inventory $30

Cr Cost of goods sold $30

May 31

Dr Accounts Receivable $1,000

Cr Sales Revenue $1,000

Dr Cost of goods sold $560

Cr Inventory $560

Explanation:

Preparation of the journal entries using a perpetual inventory system

May 1

Dr Inventory $4,200

Cr Accounts Payable $4,200

(To record the purchases on account)

May 2

Dr Accounts Receivable $2,100

Cr Sales Revenue $2,100

(To record the credit sales)

Dr Cost of Goods Sold $1,300

Cr Inventory $1,300

(To record the cost of goods sold)

May 5

Dr Accounts Payable $350

Cr Inventory $350

(To record the purchase returns)

May 9

Dr Cash ($2,100-21) $2,079

Cr Sales Discounts ($2,100*1%) $21

Accounts Receivable $2,100

(To record the cash collected on account)

May 10

Dr Accounts Payable ($4,200-$350) $3,850

Cr Inventory ($3,850*2%) $77

Cr Cash ($3,850-$77) $3,773

(To record the amount paid to suppliers)

May 11

Dr Supplies $350

Cr Cash $350

(To record the supplies purchased)

May 12

Dr Inventory $1,400

Cr Cash $1,400

(To record the cash purchases)

May 15

Dr Cash $150

Cr Inventory $150

(To record the cash refund for poor quality of goods)

May 17

Dr Inventory $1,300

Cr Accounts Payable $1,300

(To record the purchases on account)

May 19

Dr Inventory $140

Cr Cash $140

(To record the freight paid)

May 24

Dr Cash $3,500

Cr Sales Revenue $3,500

(To record the cash sales)

Dr Cost of goods sold $2,100

Cr Inventory $2,100

(To record the cost of goods sold)

May 25

Dr Inventory $620

Cr Accounts Payable $620

(To record the credit purchases)

May 27

Dr Accounts Payable $1,300

Cr Inventory ($1,300*2%) $26

Cr Cash ($1,300-$26) $1,274

(To record the amount paid to supplier)

May 29

Dr Sales returns and Allowances $70

Cr Cash $70

(To record the sales return)

Dr Inventory $30

Cr Cost of goods sold $30

(To record the cost of goods returned)

May 31

Dr Accounts Receivable $1,000

Cr Sales Revenue $1,000

(To record the credit sales)

Dr Cost of goods sold $560

Cr Inventory $560

(To record the cost of goods sold)

4 0
2 years ago
July bought a coat for 30% more than the price she wanted to pay. if she paid $250, how much was she looking to pay?
Lelechka [254]
This is the concept of financial mathematics, the amount that July was looking to pay will be found as follows;
Buying price =$250
let the amount July was looking to buy be x
let the percentage amount be 100-30=70%
percentage buying price be 100%
thus the value of x was:
x=70/100*250
x=$175
the answer is x=$175

8 0
3 years ago
The real risk-free rate is the increment to purchasing power that the lender earns in order to induce him or her to forego curre
galben [10]

Answer: True

         

Explanation: In simple words, real risk free rate refers to the rate than a borrower can actually get in the market for a specified amount and for a specified period.

Real risk free rate is seen as a measure of how the economy of a country is performing and is calculated by subtracting the inflation rate from the treasury bonds of the govt. which match the durability of the borrower.

   It depicts the actual increase in purchasing power as it deducts the impact of inflation over time. Thus, the given statement is true.

6 0
3 years ago
Adriana is not keen on collecting facts and information while solving problems. she is spontaneous in decision making and usuall
V125BC [204]
Her decision is known as a "satisfice" decision
4 0
3 years ago
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