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Anastaziya [24]
3 years ago
4

PA1.

Business
1 answer:
Tju [1.3M]3 years ago
7 0

Answer:

                                Ballentine

Income Statement for the year ended December 31, 2017

                                                                     $

Sales revenue                                       2,700,000

Cost of goods sold                               (1,400,000)

Gross profit                                           1,300,000

Rent on corporate headquarters        (75,000)

Marketing and advertising                  (400,000)

Administrative and selling expenses (425,000)                          

Depreciation                                       <u> (100,000)</u>

Net income                                         <u> 300,000</u>

Explanation:

Income statement is prepared by deducting cost of goods sold from sales revenue in order to obtain gross profit. Thereafter, all the expenses will be deducted from the gross profit so as to obtain the net income for the year ended December 31, 2017.

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Answer:

"Actions To Take"

Check my records first

Contact the bank right away

Handle the matter quickly

"Actions To Avoid"

Set the note aside and wait until later

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3 years ago
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Alex left his position as a manager for Macy's after two years. He complained of being burned out from having to fulfill too man
devlian [24]

<em>Answer:</em>

<em>d. delegation.     </em>

<em>Explanation:</em>

<em>Delegation: </em><em>In management, delegation is described as any of the assignment related to an authority figure that is being given to another individual, for example, a task or assignment given by a manager to his or her subordinate to lead a few specific activities. Delegation is determined as one of the different concepts related to "management leadership". Therefore, an individual who is being delegated a specific work tends to remains "accountable" for the output of the "delegated work".</em>

<em>As per the question, Alex probably never learned to use the tool of delegation.</em>

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3 years ago
Information technology has been used to improve both internaland external access and sharing of information. Three main kinds of
Mashcka [7]

Answer:

1. Executive Information System (EIS).

2. Corporate Portal.

3. Intranet.

Explanation:

Information technology (IT) can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

An information technology (IT) interacts with its environment by receiving data in its raw forms and information in a usable format.

Information technology (IT) has significantly helped to improve both internal and external access and sharing of information between two or more business firms and individuals. Basically, there are three (3) main kinds of information technology (IT) which allow informations to be accessed and shared internally among employees; executive information systems (EIS), intranets, and portals.

1. Executive Information System (EIS): it assist managers working in an organization to monitor and analyze organizational performance. An Executive information system is also referred to as an Executive support system and it can be defined as a management support system that enhances and supports all of the senior executive information and decision-making process.

2. Corporate Portal: it's a hybrid system that uses a web address (uniform resource locator-URL) to give employees access to customized information and specialized transactions with respect to an organization.

3. Intranet: it's an internal company network which is private and provides employees with easy access to information.

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3 years ago
Balance sheet and income statement data indicate the following: Bonds payable, 6% (issued 2000, due 2020) $1,200,000 Preferred 8
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Answer:

The correct option is A,5.72 times

Explanation:

The number of times that interest charges gives a sense of how financial stable is in its ability to pay interest on bonds as at when due.It is key consideration for prospective bondholders when assessing whether to buy bonds in a particular company

Number of times interest charges earned=net income before interest/interest

net income before interest charges=net income+interest charges

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interest charges=$1,200,000*6%=$72,000

net income before interest charges=$340,000+$72,000=$412,000

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walmart and the home depot emphasize consistently low prices rather than periodic discounts with a retail pricing strategy calle
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Walmart and Home Depot emphasize consistently low prices and eliminate most of the markdowns with strategy called everyday low pricing.

<h3>What is everyday low price?</h3>

Everyday low price is a pricing strategy that assures customers of a cheap price all the time without forcing them to wait for discount price occasions or comparison shop. In addition to saving retail businesses the time and money required to mark down prices during sales, EDLP is also thought to increase customer loyalty. An EDLP retailer's price will typically fall between a high-low retailer's discounted price and its non-discounted price. It is typical for rival shops to divide the market into segments using various pricing heuristics. The segments are made up of two distinct groups of consumers with various buying habits for both final purchases and pre-purchase research. They are prepared to conduct research to find discounts and to stockpile goods when deals are available.

To learn more about everyday low pricing, visit:

brainly.com/question/13055094

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8 0
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