Answer:
(A) Kleiner Merchandising Company:
Goods available for sale = $24,500
Cost of goods sold = $17,900
Gross profit = $3,600
Net income = $1,550
(B) Krug Service Company:
Net income = $16,300
Explanation:
(A) Kleiner Merchandising Company:
Goods available for sale:
= Beginning inventory + Net purchases
= $11,000 + $13,500
= $24,500
Cost of goods sold:
= Goods available for sale - Ending inventory
= $24,500 - $6,600
= $17,900
Gross profit = Net sales - Cost of goods sold
= $21,500 - $17,900
= $3,600
(b) Kleiner Merchandising Company:
Gross profit = $3,600
Net income = Gross profit - Expenses
= $3,600 - 2,050
= $1,550
Krug Service Company:
Net income = Revenues - Expenses
= $26,000 - $9,700
= $16,300
Answer:
1.68
Explanation:
Calculation to determine what The current ratio for 2018 is
Using this formula
Current ratio=Current assets/Current liabilities
Let plug in the formula
Current ratio=$109,000/$65,000
Current ratio= 1.68
Therefore The current ratio for 2018 is 1.68
Answer:
<u>Behavioral</u> theory can be used to acknowledge positive behavior with rewards and encourage others to improve their sub-par performance.
Explanation:
In employee management, a lot of theories can be used to strategically control human resources towards the fulfillment of the company's objectives.
To address an employees performance problem, managers are faced either with an option to sanction or deal ruthlessly as well as an option to stimulate excellence without necessarily applying strict measures.
To influence positive behavior organically in an organization, Behavioral theory can be applied.
Behavioral theory is a management theory that acknowledge positive behavior with rewards and encourage others to improve their sub-par performance.
Answer:
False
Explanation:
In the current scenario, advertising messages come from a lot of sources, they are not limited to one source.
The sources are based on the two categories, one sided communication and two sided communication.
Although the two sided communication is better and effective towards knowing and connecting to customers, but the reach of one sided communication is much wider, and then provides the knowledge of product to various customers.
In all the manners depending upon the situation and stage of performance, both communication strategies are beneficial and effective.
Therefore, above statement is false.
<span>$65,000. A city water water-waste department has a four-year-old sludge pump that was initially purchased for $65,000. This pump can be kept in service for an additional four years, or it can be sold for $35,000 and replaced with a new pump. The price of the replacement pump is $50,000.</span>
