A financial institution formed by a large organization for its members is a credit union.

Riders reports the following assets and liabilities. Compute the totals that would appear in the corporation’s basic accounting

mylen [45]

Answer:

See below

Explanation:

Assets are the valuables a business owes while liabilities are the items the business owes to third parties.

Form the list provided

Assets are

Bank Balance……… Rwf. 17,000,000

Accounts Receivable……Rwf 12,000,000

Machinery…………… …Rwf 1,800,000

Total Rwf 30,800,000

Liabilities are

Accounts Payable……………….Rwf 15,000,000

Bank Claims…………… Rwf 15,800,000

Total Rwf. 30,800,000

8 0

3 years ago

To make a batch of 800 units, it is estimated that 120 direct labor hours are required at a cost of $12 per hour. Direct materia

Anna [14]

Answer:

It is more convenient to buy the product from an outsource supplier.

Explanation:

Giving the following information:

To make a batch of 800 units, it is estimated that 120 direct labor hours are required for $12 per hour. Direct material costs are estimated at $1,800 per batch. The overhead costs are calculated based on an overhead rate of $7.50 per direct labor hour. The item can be readily purchased from a local vendor for $5 per unit.

We need to determine whether it is more convenient to make in house or outsource.

Make in house:

Total variable cost= 120*12 + 1,800 + 120*7.5= $4,140

Unitary variable cost= 4,140/800= $5.18

Buy= 5

It is more convenient to buy the product from an outsource supplier.

6 0

4 years ago

During the current year, Karen sells her entire interest in Central Corporation common stock for $ 22 comma 000. She is the sol

statuscvo [17]

Solution and Explanation:

Amount realized 22,000 Minus: Basis 89,000 Loss recognized 67000

answer a ) Since Karen is single she can guarantee this lose as a common misfortune to a limit of $50,000. Karen won't have the option to guarantee the whole $67,000 that she lost she can just guarantee $50,000.

answer b) Since Karen is recording a joint government form she can guarantee a lose of upto $100,000. Karen will have the option to guarantee the whole loss of $67,000.

answer c ) With the stock being bought from another investor as opposed to the sorting out enterprise she can guarantee the whole loss of $67,000 as a captial gain misfortune.

answer d ) B. By selling a segment of the stock in one year and the staying stock in one more year Karen could change over the whole misfortune on the deal to a normal misfortune.

7 0

3 years ago

What is transformational leadership? Give examples of organizational situations that would call for transformation, transactiona

gulaghasi [49]

Answer:

In Transformational leadership the leaders works to motivate and engage the followers by directing their behavior toward a shared vision.

Explanation:

An example of Transformational leadership would be when a new Company is formed and employees are motivated to work towards a common long term objective or when an established Company enters into a new Line of Business or launches a new Product.

In Transactional leadership the leader’s focus is on the role of supervision, organization, and collective performance of a group. They are concerned about the status quo and day-to-day progress toward goals. The transactional model is likely to be successful in a crisis situation or in projects that require linear and specific processes. This model is also useful for managing big Portfolios in Banks or Asset management Companies.

In Charismatic leadership the leader works on encouraging particular behaviors in others by way of eloquent communication, persuasion and force of personality. Such leaders motivate their followers to get things done or improve the way certain things are done. An example of Transformational leadership would be when a new Company is planning to expand and Takeover a new Company in the same Line of Business or when and Organization tries to achieve the best in the Industry award. This is the situation when power of speech and communication is required to persuade and motivate the people working in the Organization.

8 0

4 years ago

Annie is working in an organization where her paycheck reflects how many hours she has worked with each paying client. For her,

konstantin123 [22]

Answer:

A. Expectancy theory

Explanation:

Expectancy theory asserts that people make certain choices because they are motivated by what they expect the result of their choices will be.

Annie's view of her pay as very fair and motivating is as a result of her desire to work more hours with clients. Meaning her mediation of the outcome or result (number hours spent) motivates Annie.

4 0

3 years ago