Answer:
$84
Explanation:
Calculation for the amount of cash in the fund before the replenishment for Pelcher Co.
Petty Cash $400
Less : Office Supplies ($110)
Less: Merchandise Inventory ($140)
Less :Miscellaneous ($70)
Add Cash Overage $4
Cash in Fund $84
Therefore the amount of cash in the fund before the replenishment for Pelcher Co will be $84
Answer:
Explanation:
Deposit slip: This is used in depositing money into a particular bank account.
Invoices: An invoice shows that a sale has taken place.
Cheque: It is used in ordering the back to pay someone the amount of money that's written on it.
Purchase orders: It is a document that's issued by the buyer and it shows the type of good bought, quantity bought, prices at which they were bought.
Sales receipt,: It shows that a customer has made payment as it is an evidence of payment
Answer:
Letter A. <u>Quality through constant innovation and quality assurance training.</u>
Explanation:
Alternative A is correct, as W. Edwards Deming was a pioneer scholar in the application of organizational quality management.
He was responsible for creating the 14 points, which are principles for management that will help the organization to achieve total quality. He was also responsible for popularizing the PDCA Cycle (PLAN, DO, CHECK, ACT), which is a strategic tool widely used worldwide to ensure continuous improvement and the quality of processes and products.
- PLAN: define objectives, methods and resources.
- DO: Perform, educate and train.
- CHECK: Measure and evaluate
- ACT: act correctly.
Continuous improvement can be achieved through the correct and targeted use of the PDCA cycle towards organizational objectives. For Deming, without continuous improvement, there is no survival of the organization in the market, so he argues that continuous improvement must be implemented in all phases of the project, to achieve the benefits of continuous improvement of processes, increased productivity and reduced costs.
Answer:
The free cash flow that Wells generated is $2050.
Explanation:
EBIT = sales - operating costs - depreciation
= $8,250 - $4,500 - $950
= $2,800
free cash flow
= EBIT(1 - t) + depreciation - investment in fixed assets - investment in NOWC
= $2100 + $950 - $750 - $250
= $2050
Therefore, The free cash flow that Wells generated is $2050.
